[mudman]

My neighbor approached me about selling a house and 1 acre lot that I own. It is adjacent to my main property and house, I'm keeping it mostly because I don't want neighbors near that area of my property.

He wants to buy it just so he can build a pole barn for storage.

I suggested that he build on that property and 'rent' a little bit of land from me. He loved the idea.

What sort of agreement could you guys see working here? I have no problem with another structure on that site, I'm mostly worried about liability and increase in property taxes.

Also how do we plan for the end of the deal? And how do we work out ownership of the new structure?