John, my son and I are selling our 1/2 share in a parcel of land
we own to the guy that owns the other half. His lawyer wrote up
a purchase agreement that basically says that the sellers are
selling to the buyer the following described real property: "an
undivided 1/2 interest in and to" and then the legal description.
My son thinks that isn't clear as to what he is buying saying the
1/2 share could be taken to mean we are only selling 1/2 of
what we own, that it should say something like "Their undivided
1/2 interest". Myself, I think it is ok the way it is. What is your
take on it? The deed would convey the actual 1/2 that we own
anyway and that is what would be recorded.
we own to the guy that owns the other half. His lawyer wrote up
a purchase agreement that basically says that the sellers are
selling to the buyer the following described real property: "an
undivided 1/2 interest in and to" and then the legal description.
My son thinks that isn't clear as to what he is buying saying the
1/2 share could be taken to mean we are only selling 1/2 of
what we own, that it should say something like "Their undivided
1/2 interest". Myself, I think it is ok the way it is. What is your
take on it? The deed would convey the actual 1/2 that we own
anyway and that is what would be recorded.