flight
2017-10-24 19:02:24
- #1
Good evening everyone,
I am hoping for some advice from the experts here before I enter into any negotiations or discussions with the respective official authorities.
The situation is roughly outlined as shown in the picture attached.
In my personal ownership is a developed plot on a main road as well as two meadows along a public field path.
My thoughts/questions on this:
1. If I were to sell both meadows and all other meadow owners do the same, a new residential area would be created. The yellow plot remains in my possession. If the field path is then converted into a regular street for development purposes, it would still border the yellow existing plot. Should I expect any costs here? If so, what would these be based on proportionally? Length adjacent to the new street? Total plot area?
2. What if I only sell the plot to the left of the field path? The street would still have to be newly constructed. Would there be additionally higher proportional costs because the right meadow remains in my ownership?
3. Last scenario: I keep all the meadows, but the other owners sell. The city decides anyway to develop the building plots. The field path becomes a street again, and this street borders all three of my properties. Would this again mean higher costs?
4. Would it possibly be legally binding in the contract to include a clause stating that in the event of selling the meadows, no costs of any kind can be charged later by the city, etc. (provided they would even agree to such a deal)?
How would you assess the situation? I just don’t want to sell areas now and then have to pay back most of it in a few years if the city wants to claim any development or road construction costs afterwards.
Looking forward to your opinions.
Regards
flight
I am hoping for some advice from the experts here before I enter into any negotiations or discussions with the respective official authorities.
The situation is roughly outlined as shown in the picture attached.
In my personal ownership is a developed plot on a main road as well as two meadows along a public field path.
My thoughts/questions on this:
1. If I were to sell both meadows and all other meadow owners do the same, a new residential area would be created. The yellow plot remains in my possession. If the field path is then converted into a regular street for development purposes, it would still border the yellow existing plot. Should I expect any costs here? If so, what would these be based on proportionally? Length adjacent to the new street? Total plot area?
2. What if I only sell the plot to the left of the field path? The street would still have to be newly constructed. Would there be additionally higher proportional costs because the right meadow remains in my ownership?
3. Last scenario: I keep all the meadows, but the other owners sell. The city decides anyway to develop the building plots. The field path becomes a street again, and this street borders all three of my properties. Would this again mean higher costs?
4. Would it possibly be legally binding in the contract to include a clause stating that in the event of selling the meadows, no costs of any kind can be charged later by the city, etc. (provided they would even agree to such a deal)?
How would you assess the situation? I just don’t want to sell areas now and then have to pay back most of it in a few years if the city wants to claim any development or road construction costs afterwards.
Looking forward to your opinions.
Regards
flight