What to do concerning the depreciation of our properties in a golf course community?
Question Details: We own 2 properties in a golf course subdivision. We purchased the first property over 50 years ago and the 2nd property next door to it. We originally bought this and the 2nd because of location, which is right on the golf course with 3 golf holes actually wrapping around the property. We are not only avid golfers but enjoyed the wide open area and views. Currently, the golf course has been closed and is run down and unkept, all greenery has died. A large company has bought it and construction is underway. Are there any types of liens or recourse that can be filed or should an attorney be contacted?
There is most likely nothing you can do. No one has an obligation to keep up their property for the benefit of their neighbors' property value--unless local building, housing, etc. code requires it, in which case your recourse is to file a complaint with the appropriate agency. The agency may be able, in this case, to issue fines to the owner(s) to try to compel improvements, maintenance, etc. Any private person, business, or entity, may let their property go unkempt and rundown, subject again only to any local ordinances on the subject, and does not need to take the impact on neighbors into account.