Relinquishing ownership? Discover the possibilities!

Questioner

I am a co-owner (1/8) of a piece of forest land. Became owner through inheritance and it is the only part that is still in an undivided estate with an estimated 25/30 owners/entitled persons. I am the only living person who is listed as the owner of the undivided plot in the land registry and therefore receive the WOZ assessments, which I can recover from the other entitled parties, I was told. In practice, this does not work. Despite attempts to collect the addresses of the other family members/entitled persons, I am unable to do so. There is no quarrel or issue, just no more contact and reaction. Moreover, the interest is too small (approx. €5,000 for the entire plot, so my share is €625) to hire professional notaries/lawyers. Can I give up my ownership and how. Or does it have to be individualized. How do I get rid of my property? I don’t want anything for it.

Lawyer

I fear that what you want is not possible. After all, what you are doing is transferring your share to the other partly unknown owners (dividing it) and to effectuate this, a notarial deed is required. The costs of this will then have to be borne. There are also other conceivable solutions, but not without involving the court and therefore also having to hire a lawyer. You can then, for example, claim division by sale, whereby you are authorized to arrange the sale, the transfer of ownership and the division of the net sales proceeds.