House and lot

mjblessyou · 1 House and lot Mon Oct 17, 2016 3:29 pm

mjblessyou

Arresto Menor

Posts : 5
Join date : 17/10/2016

Good day Attorneys,
My parents owned a house and lot, now they both passed away leaving the property to all of us their children. My question is: Since my parents are gone for a couple of years now, is it lawful to claim my share of the property? or do I need my siblings signed agreement.
Thank you for your kind consideration.
Best regards,
MJ

payoneer · 2 Re: House and lot Mon Oct 17, 2016 4:39 pm

payoneer

Arresto Mayor

Posts : 52
Join date : 05/09/2016

Ownership of the properties left by your parents' were legally transferred to you at the moment of their death. However, before you can claim any portion of the property/ies left by your parents, there are certain legal procedures which should have been taken like the payment of estate taxes for both deceased. Even after this, the respective Estates of your parents should first be settled prior to the actual transfer of the title of the properties to you and to your siblings.

As what I always maintain, it is best to consult with a legal professional when it comes to these matters.

Wink

mjblessyou · 3 Re: House and lot Mon Oct 17, 2016 8:00 pm

mjblessyou

Arresto Menor

Posts : 5
Join date : 17/10/2016

Thank you so much for your feedback. I will consult with legal services.
More power and God bless,
MJ

Lunkan · 4 Re: House and lot Mon Oct 17, 2016 9:55 pm

Lunkan

Reclusion Perpetua

Posts : 1356
Join date : 11/07/2013

An Extrajuridical process is needed to decide who are the hiers and share sizes.
Before you transfer the property, you better agree if
/own together
/split
/sell
/or a hier buy out others.

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House and lot

1 House and lot Mon Oct 17, 2016 3:29 pm

mjblessyou

2 Re: House and lot Mon Oct 17, 2016 4:39 pm

payoneer

3 Re: House and lot Mon Oct 17, 2016 8:00 pm

mjblessyou

4 Re: House and lot Mon Oct 17, 2016 9:55 pm

Lunkan

5 Re: House and lot

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