Legal Question in Real Estate Law in Texas
Property surrounding a private lake
We own a lot on a private lake. Our 50 year lease
ran out last year, and the owner of the lake is
supposed to let the surrounding property owners buy
in and form a club, but he states if a good majority
of owners don't participate he will fence up around
the lake taking in our piers and boathouses, etc.
He also advised until we pay our fee for an interest
in the lake he don't won't us fishing in the lake
in a boat or off our piers. Do we have in recourse
for the present time?
1 Answer from Attorneys
Re: Property surrounding a private lake
It depends entirely on 1) what the written documents say aboutt he parties' rights on expiration of the lease and/or 2) what promises the lake owner made orally and if the lot owners, reasonably reling on those promises, acted on them. This second issue, is, of course, by its nature MUCH more difficuolt to prove than what is in writing.
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