You have decided to open your own business. Congratulations! It is undoubtedly an exciting time in your life. When looking for the right place to set up shop, you may run into a few problems, though. Zoning laws in Massachusetts limit commercial property, so finding just the right location that fits your needs may be a bit of a challenge.
Where does your property end and your neighbor's property begin? Do you rely on the description in your deed to know where to put a fence line? What happens if that description is wrong? What if your property line isn't where you thought it was?
It seems like such an easy thing. You purchase a piece of land and develop it into commercial property. Perhaps your dream includes office buildings or retail space, or maybe you plan to join the many in Massachusetts who are creating multi-use buildings to attract customers for a variety of purposes.
If you purchase a piece of land, a building or other type of property in Massachusetts, the way that you use the property must adhere to its current zoning designation. Zoning restrictions are what prevent builders from putting a convenience store in the middle of a neighborhood and other similar situations. The intent is to protect the integrity and appropriate use of the surrounding buildings, property and area at large.
Legal issues related to property are complex, and they can be difficult to understand for a person who is unfamiliar with and does not understand real estate and property laws. When it comes to navigating some of the complex issues that can arise, it is useful to work with a lawyer with experience in Massachusetts property law.
The decision to buy or sell a house is a major legal and financial decision, one that can have a serious impact on personal finances for decades to come. Because of the long-reaching impact of a transaction of this magnitude, you would be wise to work actively to avoid potential problems and eliminate complications at every step.
One of the biggest considerations regarding your property is where it begins and ends. In some cases, you and your neighbor or some other third party could end up in a dispute regarding exactly where those lines lie. Boundary disputes can quickly become complicated and could require court intervention to resolve.