Things To Consider When Buying Waterfront Property

by Varnum LLP
Contact

It is always a good idea to seek the advice of experienced counsel before purchasing any real estate. In addition to issues raised in connection with any purchase of real estate, the following are particularly relevant if you are considering the purchase of waterfront property:

1. Does the land extend to the water's edge?
When considering purchasing waterfront property, you should review the legal property description to determine if the lot extends to the water's edge. An attorney experienced in waterfront real estate will be able to provide counsel regarding whether your land is riparian and what possible rights others might have to use the land between your legal lot line and the water's edge.

2. Review the plat map.
It is critical to review the plat map if the land has been platted. Michigan plat maps can be reviewed online. Frequently, plats contain dedicated roads, alleys and other areas that might not be visible when you inspect the property. Other plat owners or other parties may have the right to use those areas for the dedicated purposes, even if the maps have not been publicly accepted.

3. Inspect the property to determine whether others may be using any portion of the land.
If someone other than the lot owner maintains a dock or moors boats on or adjacent to the lot, or if there's a path across that lot, particularly one that extends to the lake, further investigation is required to determine the uses being made, by whom and under what claim of right.

4. Obtain a survey.
A survey is necessary because the apparent lines of occupation might not be consistent with the legal description of the land you purchase. A survey should identify if an adjacent owner has acquired the right to use a portion of the land within the legal description of the land you intend to purchase, or worse, if a portion of your home or yard extends beyond the legal description of the land you intend to purchase.

5. Talk to the lake or homeowner's association.
If there is a homeowner's or lake association for the property you intend to purchase, you may wish to contact them. Such associations may have valuable information regarding issues that have faced riparian owners – are there current disputes, past issues that may remain unresolved or understandings regarding rights to use waterfront areas? Similarly, owners of adjacent lots may have information as well.

6. Review documents identified in the title search or commitment.
Review any covenants, restrictions, declarations or similar encumbrances to which the land is subject.

7. Learn about the lake.
Are the bottomlands mucky and shallow? If you inspect the property in the winter, you may not be able to tell, and could later find swimming to be unpleasant and docking boats to be a challenge. How deep is the lake? Are there issues with water quality? Most of this information is accessible online.

8. Are there any local ordinances that restrict or otherwise control the use of the waterfront?
Take the time to investigate if municipalities have enacted any ordinances which would regulate docks and the mooring of boats on privately owned waterfront property.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Varnum LLP | Attorney Advertising

Written by:

Varnum LLP
Contact
more
less

Varnum LLP on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Privacy Policy (Updated: October 8, 2015):
hide

JD Supra provides users with access to its legal industry publishing services (the "Service") through its website (the "Website") as well as through other sources. Our policies with regard to data collection and use of personal information of users of the Service, regardless of the manner in which users access the Service, and visitors to the Website are set forth in this statement ("Policy"). By using the Service, you signify your acceptance of this Policy.

Information Collection and Use by JD Supra

JD Supra collects users' names, companies, titles, e-mail address and industry. JD Supra also tracks the pages that users visit, logs IP addresses and aggregates non-personally identifiable user data and browser type. This data is gathered using cookies and other technologies.

The information and data collected is used to authenticate users and to send notifications relating to the Service, including email alerts to which users have subscribed; to manage the Service and Website, to improve the Service and to customize the user's experience. This information is also provided to the authors of the content to give them insight into their readership and help them to improve their content, so that it is most useful for our users.

JD Supra does not sell, rent or otherwise provide your details to third parties, other than to the authors of the content on JD Supra.

If you prefer not to enable cookies, you may change your browser settings to disable cookies; however, please note that rejecting cookies while visiting the Website may result in certain parts of the Website not operating correctly or as efficiently as if cookies were allowed.

Email Choice/Opt-out

Users who opt in to receive emails may choose to no longer receive e-mail updates and newsletters by selecting the "opt-out of future email" option in the email they receive from JD Supra or in their JD Supra account management screen.

Security

JD Supra takes reasonable precautions to insure that user information is kept private. We restrict access to user information to those individuals who reasonably need access to perform their job functions, such as our third party email service, customer service personnel and technical staff. However, please note that no method of transmitting or storing data is completely secure and we cannot guarantee the security of user information. Unauthorized entry or use, hardware or software failure, and other factors may compromise the security of user information at any time.

If you have reason to believe that your interaction with us is no longer secure, you must immediately notify us of the problem by contacting us at info@jdsupra.com. In the unlikely event that we believe that the security of your user information in our possession or control may have been compromised, we may seek to notify you of that development and, if so, will endeavor to do so as promptly as practicable under the circumstances.

Sharing and Disclosure of Information JD Supra Collects

Except as otherwise described in this privacy statement, JD Supra will not disclose personal information to any third party unless we believe that disclosure is necessary to: (1) comply with applicable laws; (2) respond to governmental inquiries or requests; (3) comply with valid legal process; (4) protect the rights, privacy, safety or property of JD Supra, users of the Service, Website visitors or the public; (5) permit us to pursue available remedies or limit the damages that we may sustain; and (6) enforce our Terms & Conditions of Use.

In the event there is a change in the corporate structure of JD Supra such as, but not limited to, merger, consolidation, sale, liquidation or transfer of substantial assets, JD Supra may, in its sole discretion, transfer, sell or assign information collected on and through the Service to one or more affiliated or unaffiliated third parties.

Links to Other Websites

This Website and the Service may contain links to other websites. The operator of such other websites may collect information about you, including through cookies or other technologies. If you are using the Service through the Website and link to another site, you will leave the Website and this Policy will not apply to your use of and activity on those other sites. We encourage you to read the legal notices posted on those sites, including their privacy policies. We shall have no responsibility or liability for your visitation to, and the data collection and use practices of, such other sites. This Policy applies solely to the information collected in connection with your use of this Website and does not apply to any practices conducted offline or in connection with any other websites.

Changes in Our Privacy Policy

We reserve the right to change this Policy at any time. Please refer to the date at the top of this page to determine when this Policy was last revised. Any changes to our privacy policy will become effective upon posting of the revised policy on the Website. By continuing to use the Service or Website following such changes, you will be deemed to have agreed to such changes. If you do not agree with the terms of this Policy, as it may be amended from time to time, in whole or part, please do not continue using the Service or the Website.

Contacting JD Supra

If you have any questions about this privacy statement, the practices of this site, your dealings with this Web site, or if you would like to change any of the information you have provided to us, please contact us at: info@jdsupra.com.

- hide
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
Feedback? Tell us what you think of the new jdsupra.com!