Taichung Unclaimed Inherited Real Estate Exceeds 5,000 Cases, Total Value Over NT$10 Billion
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100/100
AI Summary (NQ-processed)
The Taichung City Land Administration Bureau announced a three-month public notice period starting in April for overdue unclaimed inherited real estate from the 115th year. This notice covers 4,653 plots of land and 594 buildings, with a total value of approximately NT$10.98 billion. The bureau urges heirs to promptly apply for inheritance registration to avoid loss of rights.
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Frequently Asked Questions
- Q: What is the total value of unclaimed inherited real estate announced by the Taichung City Land Administration Bureau?
- A: The total value is approximately NT$10.98 billion.
- Q: What happens if inheritance registration is not processed promptly?
- A: According to the Land Law, if registration is not completed within one year, the government will manage the property for 15 years, and it may eventually be transferred to the national treasury.