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Updated over 1 year ago on . Most recent reply
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Purchasing land with multiple (40+) and missing heirs
Hello BP! I'm interested in purchasing a property with multiple heirs. Currently, 44 heirs have been located and have agreed to sell their portion, BUT there are a few heirs that no one has been able to get in contact with. My question is, would it be possible to get a clear title on this property if I were to purchase it, then use an attorney to have the cloud (unreachable heirs) removed? Ultimately, I would want to be able to subdivide and sell. Does anyone have experience or knowledge on this type of purchase? Is this doable? What other details I would need to consider?
Any information would be so greatly appreciated!
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Quote from @Account Closed:
Quote from @Megan Thomas:
Hello BP! I'm interested in purchasing a property with multiple heirs. Currently, 44 heirs have been located and have agreed to sell their portion, BUT there are a few heirs that no one has been able to get in contact with. My question is, would it be possible to get a clear title on this property if I were to purchase it, then use an attorney to have the cloud (unreachable heirs) removed? Ultimately, I would want to be able to subdivide and sell. Does anyone have experience or knowledge on this type of purchase? Is this doable? What other details I would need to consider?
Any information would be so greatly appreciated!
Hi Ken,
Thanks so much for the info! That makes perfect sense and is the kind of information I'm looking for. Sounds like my next step is the probate process, if it hasn't been done yet (everyone keeps mentioning it, so sounds like it's pretty important!) I've got a lot still to learn. Thank you for your help thus far!!