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.
Did you get served with a tax lawsuit for a property in Texas?
Wondering what to do about it?
Usually we see clients go down three different routes to solve tax lawsuits:
- Try to get the property all in one person’s name. If there are multiple heirs listed on the lawsuit, people will hire an attorney to draft up deeds to get the property all into one relative’s name.
- Get a proceeds distribution document drafted with an attorney for how the proceeds would be distributed upon a sale with the rest of the family members. All relatives sign the agreement prior to a sale to ensure a clean transfer of title.
- Sell individual ownership in the property to a company like ours. Thereby taking themselves out of the ownership for the property and taking themselves out of the lawsuit.
For options 1 & 2, clients understand that they’ll be sinking a significant amount of money into attorneys fees.
Option 3 is usually the most cost and time efficient method for clients.
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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