Posted by Tim Fierro (Tacoma, WA) on March 04, 2002 at 21:47:33:
Check the archives here as it has been discussed a few times before.
Basically, you can’t rely on it. Each state is different when it pertains to this type of law.
My state is 10 years of open and notorious use, or something to that effect. You don’t want to be taking a chance on this law and then 1 day from whatever time limit is set in your state, lose out.
Bogus, no; but do as your investor friend says and don’t rely on it.