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Your neighbor’s house catches fire and burns to the ground.

Your neighbor is insured at replacement value.

His insurance company cuts him a check.

Your neighbor decides he doesn’t want to rebuild.

He uses part of the settlement money to clear his property of the burnt out debris.
He uses the other part to buy a new home somewhere else.

Can you now former neighbor leave his parcel vacant even if he properly maintains the lot?

2 Thoughts on House Burns Down and No Rebuild?
  1. Reply
    laughter_every_day
    November 18, 2011 at 4:32 pm

    Are you asking about the terms of your neighbor’s insurance policy? I have no guesses. If you are asking if your town has some law against vacant lots, I doubt it.

  2. Reply
    Maj. T.J. "Snark King" Kong
    November 18, 2011 at 4:52 pm

    I’m unaware of any insurance policy that requires you to use the money you receive from the insurance company to rebuild your property exactly to the state it was in prior to burning down. It’s possible that there is one, but I have not run across it personally.

    Are you asking if there is a local ordinance where you live prohibiting property owners from leaving their property senza building? I suppose it is possible there is a place with such a law, especially if there is an HOA involved. Otherwise there is no universal law against vacant lots. Witness Detroit, Cleveland and Philadelphia.

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