Waterfront properties are special commodities. They are often desired by affluent purchasers of residential real estate. Such properties not only command high prices but present unique problems for practitioners in the field of transactional real estate. This article points out pitfalls for practitioners representing buyers or sellers of waterfront properties abutting tideflowed waterways.

Two problems in particular can affect the sale or purchase of residential waterfront properties. One problem involves title to such properties. These title problems relate to the question of who actually owns such properties. The other problems are regulatory problems, which relate to what uses of such land are actually allowed to the title owner of the property.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]