If a 50% owner of a parcel of land dies, can his NPI be sold subsequent to his death without the knowledge or consent of his heirs? Apparently, a property had two 50% owners. One of them died and a couple of years later, the property was sold. We've been told that the surviving 50% owner retained his interest and it later went to his heirs. However, the individual passing along this information stated that it appeared that the deceased 50% owner's heirs did not receive any NPI on the property. She said that this was unusual. However, she also said that the "sale" of NPI sometimes occurs several times improperly.
Anyone have any knowledge or experience dealing with this issue?
I'm not sure. I found out that it was a father and son that owned the land. The father died in 1928 and the son died in the 1930's. From what I understand, the land was sold in 1952, and somehow the son's interest was passed along to his heirs, but, the father's was not for some reason. It's a 300 acre piece of land.
I don't know who owns it now. We need to have a title search/review done. Hopefully, we can get up there soon or have someone help us with it. It seems complicated to me as well. I hope we can sort it out and that we inherit the interest our grandmother.