Former schoolhouse property contract provisions

Old schoolhouses attract buyers seeking distinctive properties, but contracts must address their institutional past. Provisions often require asbestos disclosures, historic preservation compliance, and confirmation that rezoning allows residential or commercial use. If the school once received public funding, deed covenants may restrict conversion or impose reversionary interests. Contracts should clarify liability for playground equipment or athletic fields still on-site. A schoolhouse may inspire charm, but without strong contract provisions, it can become a bureaucratic headache.