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Meet the 23-year-old squatter who's moved into palatial $2.5MILLION waterfront mansion in Florida
The Daily Mail Online ^ | January 25 2013 | SNEJANA FARBEROV

Posted on 01/25/2013 5:27:04 AM PST by Uncle Chip

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To: Uncle Chip
Good post'UC'....Adverse possession is to protect the community from abandoned property, If you pay taxes and improve thee property for a fixed number of years then you can claim ownership...But...if the owner shows up at say 6 years and 364 days and says 'hey that's my house' you have to leave with nothing.

I wonder why some cities don't use a concept like this for houses that sit vacant when heirs can't be found to rescue houses that sit empty until some hobo sets it on fire, when some one could repair it to rent out and if the owner shows then he would have to pay for the improvements or lose out ?...

21 posted on 01/25/2013 8:41:18 AM PST by virgil283 ( *- Never give the devil a ride. He will always want to drive.-*)
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