Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter.
A lot of people assume they’re stuck with a bad choice: either take on this property for real, with all its taxes and upkeep and responsibility, or somehow be in legal trouble for ignoring it. Neither one sounds appealing. You don’t want to become the owner of some property you never wanted, but you also don’t want a lawsuit hanging over you. It feels like there’s no good way out.
The relief is that those aren’t your only two options. Getting out of the lawsuit and becoming a property owner are not the same thing, and you don’t have to do the second to escape the first. You can resolve your involvement without ever stepping into the role of caretaker, landlord, or manager of a property you have no use for.
Selling the interest you inherited is what makes that possible. Instead of keeping the property and taking on its burdens, you let your share go, and your name comes off the lawsuit. You never have to actually function as an owner, no maintaining it, no paying its bills, no figuring out what to do with it. You skip straight from “named in a lawsuit” to “done with it,” without the middle step of becoming responsible for a property.
That’s precisely the outcome we’re built to deliver. You don’t keep the property, and you don’t keep the problem. We take both off your hands, and you walk away clear. No cost to you, no ownership headaches, no lawsuit. If the thing holding you back was thinking you’d have to take on the property to deal with this, you don’t.
A couple of quick questions:
Do I have to take ownership of the property to resolve the lawsuit? No. Getting out of the lawsuit doesn’t require keeping or managing the property. You can sell the share that passed to you and step out without ever acting as an owner.
What happens to the property if I don’t keep it? It becomes the buyer’s responsibility when you sell your share. You don’t have to maintain it, pay its taxes, or decide its future. That all moves off your plate.
If you’re looking to remove yourself from a lawsuit and get paid for your interest, no cost to you, call or text us at (469) 708-8003 for an offer today.
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