Taichung Unclaimed Inherited Real Estate Exceeds 5,000 Cases, Total Value Over NT$10 Billion

Central News Agency (Reporter Hao Hsueh-ching, Taichung, 13th) The Taichung City Land Administration Bureau announced today that starting in April, a three-month public notice period will be initiated 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, urging prompt application for inheritance. The Land Administration Bureau explained that from April 1st to June 30th, Taichung City's various land offices will conduct a three-month public notice for overdue unclaimed inherited real estate from the 115th year. Heirs are reminded to apply for inheritance registration as soon as possible during the public notice period to avoid loss of rights. According to the Land Administration Bureau's statistics, this year's public notice includes 4,653 plots of land and 594 buildings, with a total of 1,490 deceased persons. Based on the announced land value in the 115th year, the total value is approximately NT$10.98 billion. Land Administration Bureau Director Tseng Kuo-chun stated that many citizens, due to unfamiliarity with regulations or internal family disagreements, leave their property in an unregistered inheritance state for a long time. According to the "Land Law," if inheritance registration is not processed within one year of the inheritance commencement, and no one applies for registration after a three-month public notice, the government will list and manage it for 15 years. If registration is still not applied for after the deadline, it will be transferred to the National Property Administration of the Ministry of Finance for public auction, with the proceeds kept for 10 years. If no one claims it after the deadline, the property will ultimately belong to the national treasury. The Land Administration Bureau explained that if it is difficult for heirs to jointly apply due to a large number of heirs or differing opinions, to avoid being auctioned after the listing and management period, one or several heirs can represent the others and first apply for registration as "co-ownership" for all heirs. This not only avoids entering the listing and management process but also prevents the loss of family property and reduces the risk of fraudulent claims or property disputes. Citizens with questions about inheritance registration can consult the service windows of various land offices for detailed advice. The Land Administration Bureau reminds that in the process of inheritance, in addition to preparing all inheritance documents, if heirs encounter obstacles in negotiation, they can seek professional assistance from land administration agents, lawyers, or notaries. "Not delaying inheritance" is the primary task for continuing family businesses, and citizens must promptly handle relevant registrations to protect the valuable property left by their elders. (Editor: Chang Ya-ching) 1150413