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.
Kim Stanley Robinson’s Aurora is the best book I read in 2015, and by “best” I mean, “most poetic” and “most thought provoking” and “most scientific,” a triple-crown in science fiction that’s practically unheard of. I wouldn’t have believed it possible, even from Robinson, had I not read it for myself.
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.
There’s about $60 trillion in public government debt worldwide, and the folks at Visual Capitalist created a chart to show proportions and debt-to-GDP ratio in one handy image. About two dozen countries carry over 90% of the world’s debt, with Japan and Greece having the worst debt-to-GDP ratios. • $60 Trillion of World Debt in […]
Store more on your Mac without making a scene thanks to this microSD memory card adapter. Compatible with MicroSD, MicroSDHC, and MicroSDXC, HyperDrive sits unnoticeably inside your machine without any protruding parts getting your way. Store everything from documents, movies, music, and photos, to Time Machine backups without spending major cash on cloud storage.Instantly expands […]
Carrying this EDC card is like slinging around a handheld toolbox wherever you go. Its minimal design is small enough to fit in your wallet’s billfold, and it’s TSA-compliant so you’ll never leave it behind. It’s got hex wrenches, metric and imperial rulers, flathead and Phillip’s screwdrivers, and a bottle opener so that you’re ready […]
Today only take an additional 15% off the below drones today using coupon code: DRONE15 at checkoutThe Code Black is our top-selling drone of all time—and for good reason. This powerful, palm-size drone is not only insanely fun to fly, but can capture some serious video footage from up above. With a flight time of […]