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Author Topic: Escheat of Property  (Read 1233 times)

Offline rgchamb

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Escheat of Property
« on: August 14, 2007, 04:01:46 am »
Has anyone ever taken possession of an abandoned property - where the owner died without a will & there were no heirs?  If so, what did you do & how long did it take?

I'm looking at a situation in TX where the owner died & there is no will & no heirs & property taxes are owed.  The property is in a high growth area.

Thanks in advance for your responses.

Offline BLL

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Re: Escheat of Property
« Reply #1 on: August 15, 2007, 12:39:22 pm »
Ask the State Treasurer for TX. That is the branch of government that usually handles this kind of thing. I would expect the time to actually get the deal done to be measured in years.

Offline rgchamb

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Re: Escheat of Property
« Reply #2 on: August 16, 2007, 05:41:21 am »
If it takes years, then there are plenty of fish in the sea.  So as we investors say "NEXT"!

 




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