what's the simplest way to swap property with my neighbor

[wbnolefan2]

I've got a weird corner of my property that my neighbor wants and he'll give me back some acreage as well.

Can we just pay a surveyor to make new boundaries and record it with the city and let the Title company draw up the paperwork? Just wondering if there's a simple and cheap way to accomplish this.

 

[Fijimn]

Survey and quitclaim deed with the boundaries for the donated property.

 

[RunRonnieRun]

pretty sure y'all need to sleep with each others' wives first.

 

[fsu1jreed]

Survey and quitclaim deed with the boundaries for the donated property.

They might have to pay each other $1 for the property depending upon the state.

 

[Fijimn]

They might have to pay each other $1 for the property depending upon the state.

The form usually says "$10 and other good and valuable consideration."

The quitclaim deed is just for clear title when you want to sell the property. Technically, you should probably do a contract for sale, with the consideration for the sale being the legal description of the property. You may also consider getting it appraised so you don't run afoul of the tax man.

With that being said, the formalities of land deals/transfers can be tricky and are state law specific. What you think you are being deeded may not actually be the property rights that the owner had at the time of donation. It may not cause problems now, but down the road when you sell you and title isn't clear, it could be a pain.

 

[funksouljon]

pretty sure y'all need to sleep with each others' wives first.

I jumped on a like for this, but then reconsidered. He might be trading down. Pics?

 

[DDennis73]

Would go get a survey so you dont inadvertently deed away more than you thought. But doing that and drafting up QCD sounds about right. Might want to talk to a lawyer just to make sure. Its cheaper to get it right on the front end rather than mess it up and have to "fix" it when one of you wants to sell.

 

[Formerly Rockymtnole]

I think you have to wait for a full moon then sacrifice a goat on the parcel to be transferred.

 

[VirginiaNole]

The correct way would be to hire a surveyor and an attorney. The surveyor will prepare a "boundary line adjustment plat" to show both properties and what the swap would be. This should show both properties in their entirety so that any surveys done after this can be based on this plat. Have a deed prepared by the attorney to describe the portions of the property to be acquired/traded and have them recorded both instruments in the court house.

The plat may need to be reviewed by the county/city your in to make sure it meets current zoning ordinances. Once that's done, they would normally sign it with the owners to allow it to be recorded.

Pretty simple process. I do these all the time. I am a surveyor licensed in Virginia and North Carolina.

P.S. If there are mortgages on either properties, the mortgage company may need to approve the adjustment.

 

[MIKE_G]

OP's last name Hatfield or McCoy by chance?

 

[noleit]

Check for freshly dug graves on the property you're getting in return.

 

[GoNolesTX]

Some good enough guidance above. However, the underlying question of which state the property lies really does need to go answered first.

Between TennNole and myself both being in the title insurance biz, we may be of assistance.

 

[wbnolefan2]

I think you have to wait for a full moon then sacrifice a goat on the parcel to be transferred.

right after the rider dressed in black rides his white horse through the property (from east to west obviously)

 

[rap4117]

In Leon County or Tallahassee you have to go through Growth Management. They'll give you a form to follow.

 

[SoddyNole]

I think you have to wait for a full moon then sacrifice a goat on the parcel to be transferred.

I hear cats can be substituted for a goat but you have to use two or three to make up for the weight difference.

 

[kj9127]

right after the rider dressed in black rides his white horse through the property (from east to west obviously)

Ah, a Deputy Fife fan!

 

[sunset30a]

They might have to pay each other $1 for the property depending upon the state.

Well that's a deal breaker

 

[seminoledq]

pretty sure y'all need to sleep with each others' wives first.

That's what I figured he meant by "property". Disappointed in thread.

 

[wbnolefan2]

Some good enough guidance above. However, the underlying question of which state the property lies really does need to go answered first.

Between TennNole and myself both being in the title insurance biz, we may be of assistance.

I'm in LA (north Florida)