Legal Question in Real Estate Law in Wisconsin
Purchased farm land from dad who has since passed. Village has an easement to a water tower on land. We have sold some of the land but at the time there is no legal access to it. The strip that is the right of way was omitted from our land description. We have been paying taxes on it for many years. The assessed value is $2500. We have made an offer to the state for this amount. It is land locked. You can not make the State hurry and get things done. We have a lawyer for the Estate handling this but the new owners of the land won't sign the papers until the right away is legal. Can a Verbal Agreement work for something like this?
1 Answer from Attorneys
Verbal agreements aren't worth the paper they're written on, as the old saying goes, and this is doubly true in real estate transactions. While you can always enter into verbal agreements, you can rarely enforce them in court later if the deal goes bad. If you have a lawyer, you should consider following the advice you are paying for, rather than looking for shortcuts online. The history of this parcel is complex, to say the least, and I'm not sure that anyone can fully comprehend it on the basis of the brief description that you provide here.
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