Real Estate

[quincy]

Of course their are 16 heirs interested in their inheritance, 11 no response, 1 want's nothing to do with it. What would be the average court cost to to partition the property and sell it?

No idea.

 

[Anita deBois]

No idea.

Thanks for your your response.

 

[quincy]

Thanks for your your response.

You are polite.

The fact is that partition actions can be costly, especially with so many heirs involved. The actual cost will be dependent on several factors, including attorney fees which can vary by attorney. You can get a better picture by interviewing several attorneys in Louisiana and asking for estimates.

Good luck.

 

[PayrollHRGuy]

The fact is that partition actions can be costly, especially with so many heirs involved.

And lengthy. My friend was attempting to purchase some property that was held in a similar situation. The families partition action dragged out for 4 or 5 years. My friend wasn't to concerned because if he could buy it nobody else could either.

 

[quincy]

And lengthy. My friend was attempting to purchase some property that was held in a similar situation. The families partition action dragged out for 4 or 5 years. My friend wasn't to concerned because if he could buy it nobody else could either.

Right. The time it takes will add to the cost. Anita and the other heirs will want to weigh costs versus benefits before filing a partition lawsuit.