A friend of mine is selling a piece of land to a developer, the developer has come back (with a Map) showing that a neighbours back garden has encroached on his field i.e the neighbour who built about 30 years ago has taken about .2 acre of my mates field. The developer has asked for clarification.
My questions is. Where does my mate stand with the neighbour (have they squatters rights), and also the developer saw the land and agreed a price on what he saw so should the price be for what he saw.
PS he is getting €250,000 per acre so .2 acre = €50,000
thanks
My questions is. Where does my mate stand with the neighbour (have they squatters rights), and also the developer saw the land and agreed a price on what he saw so should the price be for what he saw.
PS he is getting €250,000 per acre so .2 acre = €50,000
thanks