[philor]

A close friend bought a condo in Co. many years ago with a friend. When they were trying to buy it --on paper they added a 3rd person's name to the title to be sure they would be able to finance it.. The 2 friends paid for the place many years ago but the 3rd person who never put a dime in the project still has his name on the title.. My friend would like to sell it.. He is having a difficult time in talking his partner into selling or buying him out and no one knows where the 3rd party is located or if in fact he is still alive.. Can a quiet title be done by filling out forms and paying a fee? What should be done?

[ballengerb1]

Quiet suits are uually when there is a defect in the title. Here are several other reasons to use a quiet suit. " adverse possession where the new possessor sues to obtain title in his or her own name;
fraudulent conveyance of a property, perhaps by a forged deed or under coercion;
Torrens title registration, an action which terminates all unrecorded claims;
treaty disputes regarding the boundaries between nations;
tax taking issues, where a municipality claims title in lieu of back taxes owed (or a subsequent purchaser of land at a tax sale files action to gain insurable title);
boundary disputes between states, municipalities, or private parties;
surveying errors
competing claims by reverters, remainders, missing heirs and lien holders (often arising in basic foreclosure actions when satisfied liens are not properly discharged from title due to clerical or recording errors between the county clerk and the satisfied lien holder" according to wikipedia

[Fr_Chuck]

He may have so sue the other partner to force him to sell or buy out, They need to make a bigger efforct to find the other party

[philor]

If my friend tries to sell his property in Colorado with 3 names on the title and he is the only one who wants to sell and possibly one person can't be found-- how can he do it? There are no liens on the property.

philor

[N0help4u]

He can offer for them to buy his share out if they do not want to sell.