Does the bank buy "landlocked" chanote land?

[sanook 1]

Our neighbours has bought all the farmland around our plot with the intention(i guess)to be the only buyer of our plot one day. Q-As the title says- does the bank buy the chanote land even if its been "landlocked)? Road access only through neighbours land..

[thainet]

6 minutes ago, sanook 1 said:

Our neighbours has bought all the farmland around our plot with the intention(i guess)to be the only buyer of our plot one day. Q-As the title says- does the bank buy the chanote land even if its been "landlocked)? Road access only through neighbours land..

I think 'by law' that any land that is landlocked (with it's own Chanote) must be given free unhindered access through the surrounding plots. Obviously if the land owners are the same person then it's not a problem. but if different owners (as seems to be in your case) then unhindered right of way must be given.

[Mike Lister]

Just now, thainet said:

I think 'by law' that any land that is landlocked (with it's own Chanote) must be given free unhindered access through the surrounding plots. Obviously if the land owners are the same person then it's not a problem. but if different owners (as seems to be in your case) then unhindered right of way must be given.

I think so too.

[Liverpool Lou]

15 minutes ago, sanook 1 said:

Q-As the title says- does the bank buy the chanote land even if its been "landlocked)?

Which banks are in the business of buying any type of land?   Are you asking if the banks will mortgage that land?

Edited May 29 by Liverpool Lou

[digbeth]

It's next door's land that will have an easment/right of way recorded on their chanot that's more problematic, bank wouldn't normally mortgage chanote that's got easment recorded on the back, as that has made the chanote become less of value than before/guide price

 

Anyone buying a landlock land would/would not buy on the fact of being landlocked alone and you'd have to show that you've negotiated easment with the neighbors

[sanook 1]

12 hours ago, Liverpool Lou said:

Which banks are in the business of buying any type of land?   Are you asking if the banks will mortgage that land?

Mortgage yes

[sanook 1]

12 hours ago, thainet said:

I think 'by law' that any land that is landlocked (with it's own Chanote) must be given free unhindered access through the surrounding plots. Obviously if the land owners are the same person then it's not a problem. but if different owners (as seems to be in your case) then unhindered right of way must be given.

Thanks,great info if True,could anyone else confirm this is correct?

[digbeth]

55 minutes ago, sanook 1 said:

Thanks,great info if True,could anyone else confirm this is correct?

 

you either negotiated with the neighbors to amicably compensate him to allow you access through his land, and have that recorded in his chanote

 

or by law you can sue for access due to being landlocked, the compulsory right of way in this case could be only wide enough to only allow walking through, doesn't need to be wide enough for cars to be able to go through if you can't proof the needs, and in this case where you sue to 'open' his land, you still have to compensate him for the roads

[sanook 1]

2 hours ago, digbeth said:

 

you either negotiated with the neighbors to amicably compensate him to allow you access through his land, and have that recorded in his chanote

 

or by law you can sue for access due to being landlocked, the compulsory right of way in this case could be only wide enough to only allow walking through, doesn't need to be wide enough for cars to be able to go through if you can't proof the needs, and in this case where you sue to 'open' his land, you still have to compensate him for the roads

Thanks! Very clear.