Is the lease still binding if the person signing the lease lost the property and the new owner purchased the land with mineral rights. The property sold at a sheriff sale.

Views: 237

Reply to This

Replies to This Discussion

this is true but only for adjudicated property applications submitted on or after June 2, 2008. Prior applications DID include the mineral rights if and when you were the successful bidder for the tract. Also new state law goes into effect on Jan 1 2008 substantially increasing the prices one will have to pay to acquire adjudicated property. For this reason Caddo Parish is not taking any more applications until after Jan 1, 2008
If this was in Louisiana,
I would think you would have to hold the tax liens for 3 years and pay the taxes for it before you can file a monition suit to take possession of it.
This would give the delinquent owner time to pay the back taxes and reclaim the property.
Thanks Jim,

That was my understanding of the information. The only way to be sure of tax title is to file a suit to quiet tax title.

If I understand correctly, even with acquisitive prescription of 30 years, a suit would need to be filed to prove up the prescription.
Jim,

Most people want to knock Louisiana law. Our laws strive to protect the "little guy", sometimes beyond what is reasonable. As far as I know there is no other state that has "forced heirship" or "legion beyond moiety". I believe in most respects Louisiana law is far ahead of other states instead of the perception that most have that we are behind others.
I really need help on this.

So, let's say I just found out that I may be heir to some land.
I call the clerks office find out the land did exist was in tax default.
It went to sale.
It had a monition files on it. Notice filed in LA paper. I do not live in LA so did not see it, and until recently did
Judgement filed in July 2008
not even know about the land but am an heir.
I can still file a lawsuit to get it back? Would I possibly have a case?
Is it worth pursuing?
Of course I would probably have to pay all back taxes and othercosts of the tax sale buyer.

I thought once a property went to tax default , when you redeemed it the state or the parish kept the mineral rights? Is that true?

Thanks for any and all comments on this.
I know you are not attys, but I need to know if this is even doable.

RSS

Support GoHaynesvilleShale.com

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service