Unused Land: Questions and Possible Paths to Explore

Start by identifying your goal

An owner may be exploring a sale, continued ownership, a gift, a transfer within the family, or another path. Each option can have different legal, tax, title, valuation, and practical consequences. This article does not recommend one course of action.

Information that may help a professional review

• The current deed and county parcel record
• Property-tax, lien, access, survey, and title information
• Any estate, trust, co-owner, lease, mineral, or use restrictions
• Your timing, financial goals, and preferred level of involvement

Compare independent perspectives

An attorney, tax professional, title company, licensed appraiser, and qualified real estate professional can help an owner understand different aspects of the property and available paths.

OVLP as one possible buyer

OVLP may review the property for its own account and may present a purchase proposal. That proposal is not a valuation or advice about whether selling is the best choice.