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Updated almost 7 years ago on . Most recent reply

User Stats

21
Posts
0
Votes
Greg Tunes
  • Wholesaler
  • Metairie, LA
0
Votes |
21
Posts

Property has no living owners

Greg Tunes
  • Wholesaler
  • Metairie, LA
Posted

My question involves real estate located in the State of Louisiana.

I am talking to a man who wife passed away. The reason I am talking to him is his wife owned a house that she received during their marriage from her aunt after her aunt passed away.

During our conversation, he told me that it’s been 5 years since his wife passed, but the he hasn’t filed any paperwork. Why? He told me the property had title issues. Moreover, he hasn’t been in the house for at least 10 years. So, I told him I’ll do some research on the property.

Well, what I found out was there was a probate/succession done back in 1963. As a result, seven people received interest in the property (1/7 each).

Fast forward to 1998, an owner passed away and that owner’s interest was transferred to a relative (the husband’s wife).

2013, the wife passed away.

As of today, the property is in the husband’s wife’s name and six other people (who the husband states that they all are deceased).

When asked if there are any children (heirs) to the decease owners, he was not sure. He’s an elder guy.

Would a Quiet Title (after the husband acquires 1/7 ownership) help clear this title if there are no other owners alive?

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