Call Us Now
Conveying land ownership is not difficult, but a multi-step process. As a result, reversing a transaction is not quick or simple.
Each sale involves a series of decisions on the Buyers part, to make sure that they would like to proceed with a given purchase.
Please review the section STEPS TO BUY LAND to make sure Buyers understand the all the steps taken to purchase land.
In order for any refund or return to occur without incurring extra costs, the deed must not have been recorded at the county. If the deed has already been recorded, the land must be conveyed back to us, and will almost certainly incur fees from Endless Acres, the county, and a notary public.
Cost of re-conveying Property
To ensure the return of property is conveyed properly and legally, Endless Acres will prepare the deed and associated documents, at a cost of $399, which will be deducted from any refunds due. Additionally, any notary and/or county fees will be deducted from any refunds due. These fees vary based on the county. In the case that these fees exceed the refund due, the return may become a net loss for you. Again, please be mindful when purchasing real estate.
In the case of terms sales with automatic monthly payments, the actual return policy will be governed by the legal instrument used (usually a contract for deed), as it is a separate contract we have entered into above and beyond the scope of this website.
To be eligible for a return/refund, the deed conveying the property to you must not yet be recorded. If you have received a notarized deed in the mail from us, it means that the county recorder has created the record and you will need to re-convey the property back to us. Even if you have not yet received the recorded deed, the recording process may be irreversible and a second deed may need to be created to process the return. If the property has been recorded in your name or the name or your designee, Endless Acres will need to approve the return, as certain circumstances may cause a return request to be outside our control. If you request a return, we will contact you informing you of the options regarding the return.
Document Prep Fee
Endless Acres charges a document prep fee to create documentation to support the conveying of land to you. Our document prep fee is non-refundable, and will be deducted from any approved refunds. An additional document prep fee, if applicable, may also need to be deducted if we must prepare a deed associated with a return.
Once a re-conveyed deed is received and inspected, we will send you an email to notify you that we have received your returned item. We will also notify you of the approval or rejection of your refund. If you are approved, then your refund will be processed, and a credit will automatically be applied to your credit card or original method of payment, within a certain amount of days.
Be careful when buying land as a gift, as there are property taxes associated with land ownership, and some people may not consider land a thoughtful gift. Regarding returns on land which has been gifted, any land you purchase to convey into the name of someone else will need to have that person’s approval, including a notarized signature, in the event of a return. Deeding a parcel of land to a minor, for example, will require that the minor reach legal age, so that he/she may sign the deed conveying the property back to us, which will delay any associated refunds.
In the course of a return, a recorded deed needs to be returned to us, and the county assessor needs to update their property tax records with our address. Please instruct the county tax assessor and the county recorder to mail the recorded deed and new property tax bills to us at: 4800 Whitesburg Dr. Ste 30-303, Huntsville, AL 35802. You will be responsible for paying for your own shipping costs for returning your item. Shipping costs are non-refundable. If you receive a refund, the cost of return shipping will be deducted from your refund.
We Own All Properties Sold
Endless Acres is the principal owner, wholly or partially, in all land parcels sold, and is not a licensed real estate professional. We are a real estate investment vehicle, and as such, we may only represent ourselves in real estate transactions.
Be mindful when purchasing land.