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Buying vacant land 101?

26846 Views 22 Replies 10 Participants Last post by  Cal
Looking for checklist of things to do to buy vacant land without me (as buyer) or seller needing to engage lawyers.

Also, how (I am assuming I should) do I confirm that seller has no liens? Can CRA put lien land I might buy from seller if seller has outstanding income taxes?

Can municipality put lien on land I might buy from seller if seller has outstanding income taxes?

Jurisdiction is NFLD

thanks!
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The elderly gentleman selling the land to me despises lawyers, banks etc. It's not that I am cheap.
You should be worried about protecting your investment, not the old man.

If I wanted to hide something I'd tell you that I hated lawyers too.
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If you don't want to pay a lawyer right now, just write up a non-binding Letter of Intent and ask him to sign it.
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