My question involves real estate located in the State of: OHIO
About mid 1992 I and 3 others inherrited property with a house. 3 of us allowed 1 to stay at the house provided the taxes were paid by the 1 and all was upkept.
We never kept contact and assumed all was well until recently I researched court records and discovered that the 1 individual had placed on record 3 quitclaim forms with forged signatures of the other 3 all of which released caim to the 1 (date of fraudulent transaction was mid 1998).
The 1 is on record at the recorder's office as the sole owner and the conveyance is typed as "quitclaim". He then takes a mortgage on the property and defaults on that loan. He is sued and loses by default judgement and vacates the premises. The mortgage company is now not paying the taxes and it falls into deliquency.
Then the house is auctioned off for back taxes. The taxes are paid from the auction and I assume the remaining money went to the mortgage company who granted the loan to the 1?!.
The next title is issued as a sheriff's Deed and in the name of a company who then does a fix/flip and then sells it to a couple who currently reside at the address.
Who owns the house? Do the 3 have any grounds to aquire that property from the current resident? Would the 3 have to file a police report? Is a "quiet title" even feasable after the sheriff's sale? Are we beyond any statute of limitations? Wouldn't we 3 be liable for taxes paid by others over the years, if the property is decreed to be ours?
Thanks for any help. Feel free to ask for additional information, I'll do what I can.