|
Adverse Bizness
For lack of a more specific forum, I choose this one - it falls under the heading of land possession, adverse possession, etc.
I'm actively seeking a proper Real Estate Attorney, but few are knowledgeable of Adverse Poss. Here goes:
Here's my sit-u-ation:
A house has sat for 6 years without being occupied. The taxes have been unpaid for the entire period - after 5 years of delinquency it is scheduled to be sold at tax sale in Feb.
The owner appeared (from somewhere), a lady who is living on state support and with no means of caring for or "leveraging" the house.
She has been reluctant to sell the property to my friend, though they continue to mildly discuss the possibility. Problem is, time is running out! In December the city will publicize the items for the coming tax auction.
I know a great deal about Adverse Possession, so I can imagine adversely aquiring the place, especially since no one lives there and the lady on title has let it rot. I could easily pay the 15K in back-taxes and begin the process.
But I would PREFER to have pure title. Once I have begun possessing the property, I wonder how I could invite the title-holder (lawfully) to quitclaim the property to me. If I included some form of consideration?
Who know enough about RE law to give an opinion?
|