Luxury Ocean Front Home Purchase
Adam Leitman Bailey, P.C.’s client wanted to purchase a luxury beachfront house on the Atlantic Ocean. The client’s main concern was to ensure he had beach access and a private beach area in the rear of his home. As this was right after Hurricane Sandy, the sand and beach access to the home was minimal and the erosion of the shoreline had left the client with about ten feet of private access. This limited beach area caused a legal and financial issue to Adam Leitman Bailey, P.C.’s client.
Adam Leitman Bailey, P.C. attorneys was able to research the law of riparian rights, as well as handle due diligence on the property and the beach area. Adam Leitman Bailey, P.C. was able to investigate the town records and attend various town meetings to learn what the towns’ plan was for the beach rebuilding in the future was to be.
Adam Leitman Bailey, P.C. learned that the federal government was going to spend millions of dollars to replenish the sand and extend the beach area out for all the town’s benefit. Adam Leitman Bailey, P.C.’s client was able to purchase in confidence with Adam Leitman Bailey, P.C.’s help. Today, the house has increased value and safety from the ocean waters due to the increased coastal build-up by the government.
Adam Leitman Bailey, P.C.’s due diligence and contract negotiations were key to a successful transaction.