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.
squatters law?? - Posted by Joyce G.
Posted by Joyce G. on March 04, 2002 at 21:39:08:
Can anyone here fill me in on a so-called “squatter’s law” which goes something like, if a property is apparently abandoned and the owner cannot be located,then one just has to pay overdue property taxes and “move in” for a period of time? What is the period of time, and is this a feasable method of aquiring property? I’ve been eyeing a house, and a neighbor investor says that he also has tried to find the owner for inquiry. This investor says, “nah, don’t rely on that law, it’s bogus…” or someting to that effect.
Any views would be appreciated.
Re: squatters law?? - Posted by Kristine-CA
Posted by Kristine-CA on March 05, 2002 at 09:34:45:
Joyce: Tim is right, check the archives on this board. Try “adverse possession” as I think you will find many more posts on this topic. Check out the posts by John Beck in particular.
Hope this helps. Sincerely, Kristine