02-01-2007, 01:53 AM
I have a friend that has 10 acres behind him. Its owned 1/8 by a lady in Georgia and 7/8ths by about 100 other families. They are all balck and they got it back when the slaves were freed.
Well, the 1/8th lady is current on her taxes. The 7/8ths bunch is way behind and the county is foreclosing.
So, if my friend buys it on the court house steps he owns 7/8ths of it and the balck lady in Georgia owns 1/8. But he can't fence off his 7/8ths because she owns 1/8 of all of it.
Is that possible?
Well, the 1/8th lady is current on her taxes. The 7/8ths bunch is way behind and the county is foreclosing.
So, if my friend buys it on the court house steps he owns 7/8ths of it and the balck lady in Georgia owns 1/8. But he can't fence off his 7/8ths because she owns 1/8 of all of it.
Is that possible?

