This sounds like a situation where you should be very careful before signing anything or accepting the $1,000 offer. If you are a legal owner of the property, an attorney representing an LLC generally cannot simply decide on his own what your share is worth or force you to accept an offer because the LLC paid property taxes. The tax payments may create a claim against the property or affect the accounting between the owners, but that depends on the title, ownership agreement, and circumstances. Since you've received a written demand with a 10-day deadline and a threat of legal action, I would not ignore the letter. I also wouldn't negotiate or sign a deed, release, or settlement without having a Texas real estate attorney review the documents first. Gather the deed, any ownership agreements, property-tax records, and the letter you received. An attorney can determine what ownership interest you actually have, whether the LLC has a valid claim for reimbursement of taxes, and what your options are if they pursue a lawsuit. Because this involves a potential lawsuit and ownership of real property, this is one of those situations where getting legal advice before responding could save you a lot more than $1,000. Juan Picos Real Estate Agent JohnHart Real Estate


