Possession is Nine-Tenths of the Law
July 22, 2011 11:28 AM Subscribe
posted by KathrynT (130 comments total)
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After researching Texas's unusually generous adverse possession laws
, Kenneth Robinson filed a $16 Affadavit of Adverse Possession and moved into a home in Flower Mound, TX
worth an estimated $300,000.
The original owner vacated the house after a foreclosure, and the business which then owned the mortgage went after business shortly thereafter, leaving the home as vacant and unclaimed property; Robinson says he found the key and moved in legally. He's gambling that the murky chain of ownership and the expense required to evict him will keep anyone from removing him from the property for three years, at which point he can ask the court to grant him the title. The neighbors, however, are not pleased.