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All Forum Posts by: Megan Thomas

Megan Thomas has started 1 posts and replied 9 times.

Quote from @Rick H.:

Typically, the hanging issue with quieting title relates to due process, specifically noticing entitled parties.

Every state has very specific codes and case law that spells out what constitutes sufficient notice (due diligence search, U.S. Mail, posting, legal publishing, personal service, etc.). 
Whatever is required to satisfy a judge to enter a judgment, including stipulated agreement between parties.

Once a judgment is entered, there is typically a period of time that must elapse that bars any future claims from challenging the judgment, or at least that it could be defended.

This is the date title insurance company would see as their risk minimized. 
The last deal I did like this (California) had a one-year Right of Redemption for the judgment and title company required holding funds so I could insurance and close escrow.


 Hi Rick,

That makes sense. Thank you for explaining the process so well to a newbie! I'll have to give the attorney another call and ask those specific questions (what forms of notice are required and what the wait time typically is).

Thanks again for the info!

Quote from @Peter Walther:
Quote from @Megan Thomas:
Quote from @Peter Walther:

I suspect your attorney may be referring to a quiet title action, though to bring one successfully you need to give the court some reason to do so.

How do you know these missing people are heirs?  Has there been a probate?  If so, if the probate is still open is it possible for the Personal Representative to convey the property free and clear of the heirs' interest?

It may be possible for you to acquire the interests of the cooperating heirs and then bring a partition action where the court orders the property to be sold to the highest bidder.  The downside of course is someone else may bid higher than you're willing to go.

Hi Peter,
Yes, the quiet title action is what I'm referring to. 
I don't know too many of the finer details yet. Based on the information I gathered from the real estate agent (this property is listed for sale on the MLS), they had located and determined what percentage of the property each of the heirs was entitled to. When they found a buyer and it when to the title company, the title company discovered that there were other heirs that hadn't been accounted for. I have a list of the names of the 44, but don't have the names of the one's that the title company found (something I plan to find out). 
I don't know either if there has been a probate. I'm completely new to all of this, so still learning what questions need to be asked. I do know that at one point, a few years ago, one of the heirs was listed (Et Al) on the property according to the County Clerk. All taxes seem to be up to date as well.
This is the first I'm hearing of the possible bidding process. This is the kind of information I'm looking for though, so thank you for letting me know of this possibility. I'm just trying to get a good understanding of how this process would work.

In my opinion, you might be best served by signing a purchase contract which requires the seller deliver marketable title and then let the title agent and the sellers figure out how to deliver it.


 I’ll mention that to the agent and see what he says. I think the problem may be that the heirs don’t want to invest more money than they would make for their portion? We shall see though! Thanks for the idea!!

Quote from @Account Closed:
Quote from @Megan Thomas:
Quote from @Account Closed:
Quote from @Megan Thomas:
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!

There is a process for the Personal Representative to Publish, which “alerts all persons” who may have a claim, creditors, heirs etc. But in some jurisdictions the PR can actually sell the property, then escrow the funds until the court is convinced all heirs and creditors have been located, notified and/or Published. Once the court approves, the funds can be disbursed. But, the property has already been sold. Selling the property, in some jurisdictions, isn't reliant on all heirs first being notified. Check with the probate attorney doing the probate.

 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!!

Probate is very important in this case. Someone that is a potential heir needs a probate attorney. This could take a while, so you will have to "babysit" it.

 Hi Ken,

I messaged the real estate agent asking if the property had been through probate and his response was "Probate is not an issue. There probably never was a will, and that is why there are so many owners.". Does this sound right?

Heheheheheh

44 heirs and they have fractional shares,
this real estate agent said there are no cares
I'd be the first to wish him well
and them to him this is what I would tell.

"You're nuts Mr Real Estate Agent". ;-)

Yes, that is a very big problem
If you can't find all of the heirs and you haven't been through probate, my oh my.

A friend of mine inherited a farm in North Dakota along with 4 other siblings.
3 wanted to sell, one wanted to keep, and one didn't care.
Five years later
, they finally all agreed. The property sat all that time, since there was one holdout.

I'm currently working on a probate where one heir said another heir didn't deserve anything from the inheritance, so he hasn't been notified. That's a lawsit waiting to happen. Not one I want to be included in.

Oh goodness! This is starting to sound like it could easily turn into a nightmare. Thanks so much for all of the advice! Perhaps I should start off with something a bit more simple for my first subdivide investment, lol. 
Quote from @Account Closed:
Quote from @Megan Thomas:
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!

There is a process for the Personal Representative to Publish, which “alerts all persons” who may have a claim, creditors, heirs etc. But in some jurisdictions the PR can actually sell the property, then escrow the funds until the court is convinced all heirs and creditors have been located, notified and/or Published. Once the court approves, the funds can be disbursed. But, the property has already been sold. Selling the property, in some jurisdictions, isn't reliant on all heirs first being notified. Check with the probate attorney doing the probate.

 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!!

Probate is very important in this case. Someone that is a potential heir needs a probate attorney. This could take a while, so you will have to "babysit" it.

 Hi Ken,

I messaged the real estate agent asking if the property had been through probate and his response was "Probate is not an issue. There probably never was a will, and that is why there are so many owners.". Does this sound right?

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!

There is a process for the Personal Representative to Publish, which “alerts all persons” who may have a claim, creditors, heirs etc. But in some jurisdictions the PR can actually sell the property, then escrow the funds until the court is convinced all heirs and creditors have been located, notified and/or Published. Once the court approves, the funds can be disbursed. But, the property has already been sold. Selling the property, in some jurisdictions, isn't reliant on all heirs first being notified. Check with the probate attorney doing the probate.

 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!!

Quote from @Bill B.:

You’re saying this went through probate and they awarded 1/44th to each heir? Seems kinda unlikely. Seems more likely they would award to one classs of heir. Spouse, then kids, then parents, then siblings, etc. Once they found a “closest class” they would inherit. 

If you die tomorrow with no will they’re not going to award your kids, your parents and your 3rd cousin equal shares of everything you have. And this is all assuming they died with no outstanding debt and someone’s been paying all the property taxes. 

Once it goes through probate I’m assuming you’re 44 will be less than 10, probably less than 4. Assuming zero debts and someone’s been paying taxes. But you have to find someone to run it through probate before the county auctions it off for unpaid taxes. 


 I haven't asked yet if it's been through probate, but that will be my next question for the real estate agent (I'm completely new to all of this and still learning what all needs to be asked). I do know that the heirs were not all awarded equal parts, some heirs have up to 6.67%, others as low as .17%. In total, approx. 71.27% have been located and have agreed to sale their portion.

The taxes, as far as I've been able to find, have been being paid. One of the heirs (Et al) was listed as the owner of the property a few years ago.

Is running it through probate something that I would have to set up and pay for or would that be the responsibility of the real estate agent and/or heirs? I very much appreciate your time and help thus far!

Quote from @Peter Walther:

I suspect your attorney may be referring to a quiet title action, though to bring one successfully you need to give the court some reason to do so.

How do you know these missing people are heirs?  Has there been a probate?  If so, if the probate is still open is it possible for the Personal Representative to convey the property free and clear of the heirs' interest?

It may be possible for you to acquire the interests of the cooperating heirs and then bring a partition action where the court orders the property to be sold to the highest bidder.  The downside of course is someone else may bid higher than you're willing to go.

Hi Peter,
Yes, the quiet title action is what I'm referring to. 
I don't know too many of the finer details yet. Based on the information I gathered from the real estate agent (this property is listed for sale on the MLS), they had located and determined what percentage of the property each of the heirs was entitled to. When they found a buyer and it when to the title company, the title company discovered that there were other heirs that hadn't been accounted for. I have a list of the names of the 44, but don't have the names of the one's that the title company found (something I plan to find out). 
I don't know either if there has been a probate. I'm completely new to all of this, so still learning what questions need to be asked. I do know that at one point, a few years ago, one of the heirs was listed (Et Al) on the property according to the County Clerk. All taxes seem to be up to date as well.
This is the first I'm hearing of the possible bidding process. This is the kind of information I'm looking for though, so thank you for letting me know of this possibility. I'm just trying to get a good understanding of how this process would work.

@Chris Seveney, thanks so much for the reply!

I very briefly spoke to a real estate attorney and they did mention that if even the family can't get in contact with them, that there's a certain suit I could try to file where I would have to put out a public notice and if no one comes forward, I would then be able to try to have the cloud removed.

I'm not sure just how risky that process might be though. I'm definitely willing and eager to do any extra work/research necessary to make a deal like this work.

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!