Comments on: Family Property ?: Can lot be offered to different parties with different conditions?

By: Roger S

Roger S — Mon, 16 Nov 2009 07:40:29 +0000

The problem isn’t the price. It’s the part about having to purchase another piece of real estate if you want to purchase the first.

I remember from my real estate law that this is NOT legal.

By: words_that_live_on

words_that_live_on — Mon, 16 Nov 2009 07:40:29 +0000

A seller can take the top price or the bottom price or any price in between.

By: Traverse City Agent

Traverse City Agent — Mon, 16 Nov 2009 07:40:29 +0000

Yes, property can be offered to different parties with different conditions. And yes they can accept a lower or higher offer. However, they cannot make you buy more property than you want.

So, if you want to purchase just the one piece, make a formal offer in writing for it.

By: acermill

acermill — Mon, 16 Nov 2009 07:40:29 +0000

What is being proposed is completely legal. The seller has indicated that they do not wish to sell to one or more specific buyers unless said buyers purchase the share ownership of an additional property. The sellers are free to offer different terms to different potential buyers.