Someone may obtain a right of co-ownership (or tenancy in common) on a property located in Greece. This may be the result of an inheritance succession, either by a Will or intestate, where more heirs inherit one or more real estate properties. Or, it may be the legal consequence of willingly purchasing a percentage of a real estate interest on immovable property, along with one or more persons.

Usually, every heir entitled to an inheritance share wants to claim it by signing the necessary legal paperwork to obtain ownership of the inherited assets, in order to use, develop, or sell them. However, in some other cases what is happening is exactly the opposite. One or more heirs do not want to exercise their right to an inheritance for various reasons.

It seems that the Greek governments of the last years have realized that it is in the interest of the Greek people and of the state that many foreign residents of Greek origin or even foreign people who happen to have business or real estate interests in Greece claim their inheritance shares over Greek properties.