I will be consulting a lawyer down the road, but I need some idea now if you can help... In Missouri, have chance to get a deal on land. We are trying to predict price and expenses. There
is a long time verbal easement across neighbor"s land to it, but it is not legally recorded. Easement is almost a mile long, but 2/3 of it is gravel and used daily as a driveway for the neighbor. The rest is dirt that he uses to get to cattle and crops. The neighbor does not wish to grant a legal easement. Lawyer says if we can"t come to agreement we can got to court and a judge will force it, and decide terms of easement. How is this sort of thing usually valued? If the land goes for $2,000 an acre, can you give me any idea of what the easement and attorney costs would be?
is a long time verbal easement across neighbor"s land to it, but it is not legally recorded. Easement is almost a mile long, but 2/3 of it is gravel and used daily as a driveway for the neighbor. The rest is dirt that he uses to get to cattle and crops. The neighbor does not wish to grant a legal easement. Lawyer says if we can"t come to agreement we can got to court and a judge will force it, and decide terms of easement. How is this sort of thing usually valued? If the land goes for $2,000 an acre, can you give me any idea of what the easement and attorney costs would be?