Christopher Maag wrote a fascinating piece for Credit.com about the little-known legal claim called "adverse possession" that allows people to take possession of abandoned property.
Here’s the basic version of how it works:
1) Someone owns a property, whether it’s a house, a condo or just a strip of ground.
2) If the owner isn’t using the property, somebody else can come in and use it, without the owner’s permission.
3) After some amount of time (in Texas it's three years; in New York State it's ten), the squatter can claim ownership free and clear.
People have been making adverse possession claims for decades. The most famous cases happened on the Lower East Side of Manhattan in the 1980s and '90s, when artists, punks and homeless people squatted in vacant buildings and brownstones.
Squatters Unite! McMansion Squatter Becomes Part of National Movement.
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China’s state broadcast network today aired footage of Wang Xiaolu appearing to announce to the world that he solemnly regrets writing his influential story.
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Plastic is so 2013. You don’t want to buy something only to throw it away or lose it and barely care. You like nice things and want to hang onto them. The Plazmatic lighter here is a high quality, high tech alternative to the typical cheap, plastic lighter you get at the old gas station. […]
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How do Google and YouTube really work? It turns out, Python kind of runs things around those parts. And with this bootcamp, you’ll get whipped into shape and ready to start programming yourself. Whether you’re a Python pro and just want to sharpen your skills, or a total tech newbie with little or no coding […]