Posted by T obeykins on June 16, 2002 at 15:07:55:
Every state and the Federal Gov’t has laws dealiong with “abandoned” property. Comes from English Common Law which I bellieve is the souorce of tthe Adverse Posession concept. Findlaw will take you to both state and Federal sources for research. I bellieve one of the underlying theories is that it is not in the interest of the community to have abandoned property which could be productive and contributing to general well fare and tax rolls with a current, inolved and tax paying owner. Also, anyone who pays tax liens on delinquent tax property is doing a form of adverse through the tax rolls.