I own property overseas, what could take place ?
I INHEIRITED PROPERTY OVERSEAS (WATERFRONT HOME) THE HOUSE ITSELF WAS DESTROYED IN A FIRE. I PERSONALLY HAVE NOT SEEN THE DAMAGE AS I AM IN THE USA. CAN THE GOVERNMENT TAKE THE REMAINING PROPERTY FROM ME FOR ANY REASONS ?
here is a little guide on the risks of owning property overseas
http://finance-information.blogspot.com/...
Most government have the right to condemm a property, but they should own to notify you if they are. I'd contact a local authority and have them put you within touch with what pass for a locka zoning or taxing authority
How much does parkland registery cost for
As a property owner you have the responsibility to declare the property and keep it undisruptive. Go visit your property and determine if you longing to keep it or put up for sale it. You also need to arrange to clear any annual tax payments on the property.
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