Protect Your Property: Heir Property in Louisiana, How Homeowners Can Build Wealth and Protect Their Assets

Dec 01, 2016
  • Description

Homeowners living on property passed down from family sometimes can't take advantage of their property rights. After the 2005 hurricanes and subsequent disasters, some Louisiana residents were unable to receive federal and state aid for property damage. They owned their homes. They even paid property taxes. But legal documents didn't list them as owners. So, they lacked "clear title." Their homes were passed down through generations by family agreement, but not through the legal system. They owned "heir property" and couldn't receive Road Home government aid or finance repairs.