:cheeky: Here is the base formulation of the situation.
Let us say we use a 40,000 sq mt tract as the land size
Tract is subdivided in 10 - 4,000 sq mt lots
All 10 lots are presold w/ titles and fees paid.
Lots are in gated subdivision under initial construction.
Two questions in search of answers:
1: Owner of lot # 8 want to sell parcel to new buyer @ plus 10K. Answer here is pretty straight forward I would think, new buyer requires new contracts, etc.
2: This one is the kicker. Owner of lot # 3 want to switch parcels with owner of lot # 7. No money to change hands just these owners like each others parcels better than the one they have just bought. How would this be handled here is the question .
Input and discussion appreciated in advance.
kFrancisco de Cabral
Let us say we use a 40,000 sq mt tract as the land size
Tract is subdivided in 10 - 4,000 sq mt lots
All 10 lots are presold w/ titles and fees paid.
Lots are in gated subdivision under initial construction.
Two questions in search of answers:
1: Owner of lot # 8 want to sell parcel to new buyer @ plus 10K. Answer here is pretty straight forward I would think, new buyer requires new contracts, etc.
2: This one is the kicker. Owner of lot # 3 want to switch parcels with owner of lot # 7. No money to change hands just these owners like each others parcels better than the one they have just bought. How would this be handled here is the question .
Input and discussion appreciated in advance.
kFrancisco de Cabral