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Updated about 4 years ago,

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1,305
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525
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Mark S.
Pro Member
  • Rental Property Investor
  • Kentucky
525
Votes |
1,305
Posts

Buying Lot (Land) in Kentucky - Service Road Issue?

Mark S.
Pro Member
  • Rental Property Investor
  • Kentucky
Posted

I am considering buying a lot in my subdivision to build a house with a basement on.  One of the larger lots has a service road that the local utility company uses almost daily.  The builder with the lot said that it is part of the lot and they (local utility company) simply has a right of passage.  

If we set the house back enough, shouldn’t be an issue.  I’m pretty sure they just go down there to read/monitor the meters.  I’m wondering what other questions I should be asking/things I should be considering before potentially buying this lot.  

Do I have any sort of additional liability by buying this lot?  Just trying to figure out if it’s worth it to pursue this lot or to purchase another, less desirable (steep, not on cul-de-sac, etc.) instead to avoid any potential issues.  I guess I don’t know what I don’t know and am wondering what questions I should be asking.  

  • Mark S.
  • Loading replies...