Can i buy land and not have a deed for two yrs and be safe from them selling the land to someone else

Asked over 1 year ago - Superior, WI

if i buy land from a guy in 1 1/2 yrs and pay cash and have signed pieces of paper stateing the amount, date, and signater of seller and purchaser and not get a deed for two years can the guy sell the land to someone else and get away with it

Attorney answers (3)

  1. Nicholas C. Zales

    Contributor Level 13

    3

    Lawyers agree

    Answered . What you are suggesting sounds very risky. Get yourself the advice of a local attorney. If you don't you are just asking for trouble down the road.

  2. Daniel M. Lauber

    Contributor Level 8

    2

    Lawyers agree

    Answered . This sounds incredibly fishy. Get a good attorney now and do this purchase properly and legally. Otherwise, it sounds like you are being set up to be screwed, to use the technical legal term.

    The information provided in the question posed is not complete enough to provide accurate legal advice. More... more
  3. Byron David Flagg

    Pro

    Contributor Level 10

    1

    Lawyer agrees

    Answered . Caution!! Very risky and probably not a valid agreement for a purchase of land. The property you want to purchase must be specifically described in a way that it can be identified, which means the description of the property which the property appraisers office of your county uses needs to be in the contract. If the contract you agree to is not a valid contract, the seller might indeed, be able to sell the property to someone else. Without a doubt, you need to contact an attorney licensed to practice law in your state and find out exactly what the legal requirements for a real estate contract are. Even you pay the attorney a few hundred bucks for some legal advice or to review the situation, it will be worth it to protect your legal rights.

    My answers on Avvo.com are intended to help clarify the legal process in your situation to the extent possible on... more

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