Tuesday, October 2, 2007

Adverse Possession in the news

Here's a rare article. It's about adverse possession which is a legal process whereby a squatter can obtain title to someone else's real estate by openly and notoriously claiming and using said real estate. Where this is done for the statutorily prescribed period, the squatter becomes an owner. This process was common in the wild west where the government wanted to encourage the use of real estate as opposed to allowing absentee owners to stifle economic development by tying up the real estate.

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