http://abcnews.go.com/Business/texas...ry?id=14099714
Apparently there's a law in Texas called "adverse possession" developed in the 1800s
So... when a homeowner walked away from a foreclosed house - and the mortgage company went out of business - a man looked up the laws and filed a notice with the court house and moved in. All he had to pay was the $16 required for filing the document.
Neighbors are pissed & call him a squatter. But as of yet they can't get him kicked out cos the cops won't touch it being a civil matter and all.
Apparently there's a law in Texas called "adverse possession" developed in the 1800s
to ensure that property wasn't abandoned and was "maintained and monitored." It requires the posting of a clear, public notice that someone is at the property -- hence the court filing -- and that someone would remain there for a specific period of time, usually 10 years.
So... when a homeowner walked away from a foreclosed house - and the mortgage company went out of business - a man looked up the laws and filed a notice with the court house and moved in. All he had to pay was the $16 required for filing the document.
Neighbors are pissed & call him a squatter. But as of yet they can't get him kicked out cos the cops won't touch it being a civil matter and all.
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