A house has been passed on to my family. 3 heirs, 2 of which will split any money earned if the house is sold and the third is getting none. The home is paid off but it has a $29000 recapture receivable amount due upon the owner selling or vacating the premises. Now that the owner has died, can one of the heirs take over the house and get the title without paying that $29k? Or would that have to be paid for? They would like to either sell it or one heir takes the title and rent it out until they decide to sell. Since it has no mortgage, it does seem reasonable to keep the house. The house is probably worth $130k Currently (Minnesota, USA)
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