buying part of a lot? possible even?

[gach2]

No idea if this is remotely legally possible.
But is it?

To buy few m2 of a neighboring lot so your current lot is more potential?

If so what would be involved other than convincing the neighbor?

 

[Charlotte30]

buying part of a lot

Not sure what applies in Oz but in NZ we would do a boundary adjustment. Need services of a surveyor and lawyer. No reserve contribution required to local Council because you are not creating a new lot. Talk to a surveyor first.

 

[Propertunity]

Yes it's possible if your neighbour agrees to sell part of their land to you. I see this has happened many times in the past from the properties I have considered buying.

 

[gach2]

would you know what the process is?

thanks

 

[RPI]

It varies state to state, some have restrictions on purchases involving land that is not yet registered and the seller has to meet disclosure requirements.