Feb
05

home buying?

Question by v1ru5: home buying?
Hi, I am currently in a process of buying a house. I am wondering about the law of the home ownership. My question is, when buying a house, is it also includes the land on which the house stood on?

Thank you for answering my question

Best answer:

Answer by cozdiver
When you buy a house, your contract should say how many square feet you get. If your buying a condo you only get that condo, no property.

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About Kristofer Nance

Kristofer Nance, Real Estate Broker with Nance & Associates, Realtors in Fredericksburg VA
Owner/Agent of Nance & Associates, Insurance.

Comments

  1. Yes, your contract will tell you how much land you are buying – also show a little diagram with the plot lines.
    The mineral rights under neath the land is owned by the state unless expressly specified in your contract.
    This is usually a non issue unless you’re Jed Clampett.

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