Adjacent property questions

[Leo Apostol]

The property adjacent to my own consists of a driveway and garage. I'm my mind there would be many benefits to owning it. A few questions. Is it true if I do purchase it in my name, the two adjacent lots become one lot? Is this better or worse re: property taxes?  How do you value a property like this? What would be the mortgage process? Would a bank even consider getting into something like this? 

[David Steinbok]

I own 2 properties right beside each other. They share a common driveway. I bought 1 house and while renovating the neighbour asked me to buy his. I was almost able to buy a third but it didn't work out. If you purchase both under your name then the property becomes 1. Which will make it very hard to sell at a later date. You will have to sever if you only want to sell 1. We got around this by having 1 house in my name and one house in my wife's name. So houses are owned by different people.