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Updated over 6 years ago,

User Stats

102
Posts
109
Votes
Mitch Miller
  • Investor
  • Raleigh, NC
109
Votes |
102
Posts

Property Survey shows we own the land that a company is using.

Mitch Miller
  • Investor
  • Raleigh, NC
Posted

I bought a property in early Jan and as a new investor didn't look deep into all the things including the survey. Recently was looking over the documents to see if we could add a storage shed anywhere on the property.  Come to find out the survey shows we own the land in front of a company, a property management company actually, that is using it for signage and parking.  They have put sign, sidewalk, and flag pole in our lawn.  I would like to get the communities option in what to do.  We want to see if we can't reach out to them and see if they want to lease that land from use to keep their sign up and go from there. I do however don't know if they will try to claim possession since they made upgrades to the property.  Is this a valid fear or is that an old wise tale about being able to claim land just because you did stuff to it? 

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