Inheriting a House or Land

Inherited real estate raises questions about ownership, insurance, expenses and sale options.

What to know

Determine how title is held, whether probate or another transfer procedure applies, and who may make decisions. Consider mortgages, taxes, maintenance and professional valuation.

Practical next steps

  1. Identify your state and relevant documents.
  2. Write down the specific questions you need answered.
  3. Confirm applicable rules with official sources or a qualified professional.
  4. Keep copies of important documents and decisions.

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