Legal Question in Real Estate Law in Delaware
Improved or Unimproved Property
If a client decides to purchase a building lot in a privet community in Sussex County Delaware where there is already houses on either side and in back of the vacant lot and there are blacktop roads throughout the community, and the owner of the lot had a septic system designed and orientated for a proposed 3 bedroom home through a local engineer and it was approved through the State along with the site location of a water well. Question, would the client be purchasing an Unimproved building Lot or would it be considered Improved?
2 Answers from Attorneys
Re: Improved or Unimproved Property
I am not licensed in Delaware. From what you have described this is an unimproved lot. Improved generally refers to a building--not approvals.
Re: Improved or Unimproved Property
My firm just enrolled in program and I have been a DELAWARE real estate attorney since 1978. I also have 2nd home in Sussex and know their rules. If you still need DELAWARE real estate attorney, please contact us. Ed Pankowski