Titulo, inheritance, and more

funckytown

New member
Apr 17, 2005
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Wiesbaden, Germany, Germany
Hi,
Situation :
Senor Alpha is dead in 1971
Alpha has 8 childrens Beta
The 8 Beta have childrens
Alpha has a titulo of 55 tareas

More then 100 houses are build on this location
10 to 15 Tiendas are also located

Now, today, the children want the money from the inheritance.

So, what is the camino to arrive to a solution
what are the costs

Mr Guzman, maybe you can help here for some ideas, hints
before going any further,

thank you in advance,
funcky
 

Castellamonte

Bronze
Mar 3, 2005
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www.villa-castellamonte.com
Unless this is located in downtown Sto Domingo you might spend more money than you will ever get. Obviously someone allowed housing to be erected on the land (the Beta?) and someone else (current occupants) have rights due to this. Can you say awkward?
 

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
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www.drlawyer.com
Have the 8 children get together and retain a real estate attorney who should be provided with a Certificate of Title in the name of Alpha.

The first step will be for the attorney to explore the possibility of evicting the occupants. If the answer is yes, then the attorney should proceed with the determination of heirs, payment of inheritance taxes, obtaining new titles and the eviction procedure.

If this turns out to be --as it is very probable-- practically impossible or too expensive, have the attorney explore how much it would cost to do a determination of heirs and pay the inheritance tax due, and how this compares with the income that might be obtained from selling the title to the occupants. If the sale of the title to the occupants (or some of them) is feasible, the 8 children might recuperate something from their neglected inheritance.