My question involves real estate located in the State of: North Carolina
We purchased 2.97 acres about 1.5 years ago. Since that purchase, the lot next to us was purchased. The owner of that lot recently placed a trailer on the property. We have a contract for sale on the land with another buyer who paid nearly $600 for a survey. The survey reveals that this trailer is on our property. I'm guessing our legal recourse is to ask him to remove the trailer and place it on his own property. Obviously, we cannot close on the land sale until this situation is remedied. If he refuses to remove the trailer or purchase our lot for what we contracted with another buyer to pay, what is our legal recourse? Obviously if he won't move the trailer and we can't close the land deal, the purchaser stands to recover his losses as well. Fortunately this is a double wide trailer and not a stick built house, which makes it easier to remove, however, the guy will still have to have another foundation dug to move his trailer. The lot sale was supposed to closed next Wednesday, April 8, 2009 at 3:00 p.m. Just seeking some advice. Thanks.