{"id":24680,"date":"2021-08-06T08:59:45","date_gmt":"2021-08-06T01:59:45","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=24680"},"modified":"2021-08-06T08:59:45","modified_gmt":"2021-08-06T01:59:45","slug":"new-taipeis-12000-plots-of-land-in-need-of-being-claimed-by-inheritors","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/new-taipeis-12000-plots-of-land-in-need-of-being-claimed-by-inheritors\/","title":{"rendered":"New Taipei’s 12,000 plots of land in need of being claimed by inheritors"},"content":{"rendered":"

The amount of unclaimed land has an estimated value of\u00a0over\u00a0USD664.76 million<\/span>\u00a0<\/span><\/p>\n

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The Taiwanese government records and manages properties that are not claimed within a year of inheritance for up to 15 years.\u00a0tenkl\/Shutterstock<\/figcaption><\/figure>\n

As reported in Taiwan News<\/a>,\u00a0the New Taipei City Government announced inheritors to register\u00a0for\u00a0the\u00a0unclaimed\u00a0808 buildings\u00a0and 12,133 plots of land\u00a0as soon as possible.<\/span>\u00a0<\/span><\/p>\n

The amount of unclaimed land equals 438.71 hectares, with an estimated value of more than NTD18.46 billion (USD664.76 million).\u00a0Sanxia\u00a0District\u00a0has the most unclaimed plots of land, while Sanchong District has the highest number of unclaimed buildings.\u00a0<\/span>\u00a0<\/span><\/p>\n

The Department of Land Administration\u00a0revealed\u00a0that the various properties belong to 2,064 inheritors, and they should register for their land or buildings as soon as possible.\u00a0<\/span>\u00a0<\/span><\/p>\n

According to the department, there were 10,728 unclaimed plots of land and 558 unclaimed buildings in New Taipei City in 2020. <\/span>\u00a0<\/span><\/p>\n

Moreover, the department said the main reasons for these unclaimed properties include inheritors residing overseas, ongoing negotiations between multiple inheritors, and controversies surrounding the properties.\u00a0<\/span>\u00a0<\/span><\/p>\n

Regarding\u00a0multiple claimants, inheritors may choose one or more delegates to register mutual ownership of a property and file for estate division after establishing an agreement.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: Taiwan launches online registration for hotel grants in Taoyuan<\/strong><\/a><\/p>\n

The Taiwanese government records and manages properties that are not claimed within a year of inheritance for up to 15 years.<\/span>\u00a0<\/span><\/p>\n

After 15 years, the properties are up for auction by the Ministry of Finance\u2019s National Property Administration.\u00a0<\/span>\u00a0<\/span><\/p>\n

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The Property Report editors wrote this article. For more information, email:\u00a0propertyreport@propertyguru.com<\/a>.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The amount of unclaimed land has an estimated value of\u00a0over\u00a0USD664.76 million\u00a0<\/p>\n","protected":false},"author":12,"featured_media":24681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[2195,2197,151,2196],"class_list":["post-24680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-new-taipei","tag-property-update","tag-taiwan","tag-unclaimed-land","news_country-taiwan","news_author-property-report"],"acf":[],"yoast_head":"\nNew Taipei's 12,000 plots of land in need of being claimed by inheritors | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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