My family has heirship land in Louisiana and we want to separate the land so that each heir can own their separate portion of the land by doing a partition deed for each heir. We have completed a survey of the land. In talking with a lawyer, this can be an expensive process. Does anyone have any suggestions on how this heirship land can be separted? Also, what can be done, if all heirs do not agree on the survey/partition?
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Thanks.
We have the survey that shows where everyone property will be located. We need to file the survery document with the partition deed in the courthouse. Our problem is that we know that everyone is not going to sign the partition deed. What are our options?
Would it be better to force a partition deed with the majority of the heirs signing or just let the court decides with no one signing? Again, we are trying to cut cost.
Thanks for the infor. We are talking to a lawyer, but wanted to know what others are doing.
It is undidived equal shares. We have 95% who agrees to sign the partition deed.
kirkland-the 95% can file partition suit against the 5%. the 5% will have to "fish or cut bait".
when the 5% gets and estimate of legal fees, he will most likely come around, and wish to sign the partition deed.
In Louisiana you can do a partition by licitataion. Or take it to a sherrifs sale. Maybe a extrajudisial fixing of boundaries.
But don't you take a big risk if you force separation? If people cannot come to any agreement, isn't there a risk of an outside buyer coming in and outbidding all the owners for the land if it goes up for sale?
IMHO you should try to settle this out of the courts in any way possible. FInd out what it would take to get the 5% owner to sell out. That might be cheaper than any legal fees you would incur. See if the 5% owner would take 7.5% (or some number) to allow division. Or just ask the 5% owner what it would take to allow division. And remember, this is usually a "division in kind." So maybe he would take the best 2% of the acres or the worst 10%.
The advice we give to D.C today is applicable here: Find a compromise.
We have tried to compromise with them and to no avail, this is not working. They are not willing to sell either. It has really been a big mess since the Hayneville shale has come into play and the well that is producing on the undivided property is a good one.
It seems like a Partition in Kind would be the best way at this point. Even though we will have to settle in court and let the judge make the decision.
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