trying to purchase a garage that is part of a muti garage complex?

[phillip30]

Hi All,

I would appreciate anyones thoughts.

looking to purchase a garrage from a nieghbouring property. as they have a 4 car garrage complex at the front of their house, they appear open to the idea.

wondering how this would work, would you need a surveyor to draw a plan and then have this added to your title? or are there any other ways to deal with this?


thanks

Phillip

[eri]

if it doesn't already have its own title

and it sounds like it doesn't

it is theoretically possible but so much effort 6 money involved that it is rarely done

ie you'd need all of the neighbors to agree to shrink their cross-lease?, pay them compensation for that, and pay all legals

but by all means check with someone who knows

[Davo36]

Is it a cross lease?

Or 2 freehold titles?

[phillip30]

Thanks Eri and Davo36,

sorry to clarify it it is a freehold house that has 4 single garages at the front as one structure with partitioned walls between.

[artemis]

Long term lease might be cheaper and could be paid up front.

[phillip30]

thanks artemis, are you able to privde any detail on how that would work? thanks Phillip