A possible blocking of sale caused by the heirs
When several heirs are involved in an estate, the sale can be more easily blocked. Insofar as some heirs oppose conditions such as the sale price or the distribution of proceeds, for example. In this context, the situation can get bogged down until a common agreement is reached in a consensual and inclusive manner.
The situation can also be problematic in the event that certain heirs remain unreachable. It is difficult to close a sale without the consent and signature of the legal successors. The latter could then take legal action in the event of a sale without their authorization.
Significant costs to be expected
The process of listing a property acquired by succession can be confusing and, above all, costly. You will also have to face a variety of documents to fill out.
The costs associated with the sale of goods following an inheritance are numerous. For example, inheritance tax is applicable to all of the deceased’s property and can be a relatively heavy burden. Notary fees must also be taken into account.
Other costs such as the real estate certificate and the deed of sharing are also to be expected depending on the circumstances. Either way, each successor must be prepared to pay a certain preliminary amount before proceeding with the sale of the property in question.