"Color of title" means a consecutive chain of transfers to the person in possession that:posted by GeckoDundee at 5:56 PM on July 22, 2011
(A) is not regular because of a muniment that is not properly recorded or is only in writing or because of a similar defect that does not want of intrinsic fairness or honesty; or
(B) is based on a certificate of headright, land warrant, or land scrip.
No they would not. This has the potential to massively compromise property values in the neighborhood, regardless of who's doing the adverse possessing. First of all, it suggests that there are vacant homes in the area, which is always a bad thing, and not just vacant, but vacant to the point that the property owner can't even be bothered to run off squatters.Ugh. "property values" the concern over "property values" is a major driver of bullshit, IMO. It gives people an economic motive to get in everyone else's business.
Second, if Robinson manages to pull this off, it nukes the average of the year's transaction prices. As these are partly what future prices are based on, this does bad things to existing homeowners.
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posted by k5.user at 11:31 AM on July 22, 2011 [1 favorite]