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Tuesday, July 12, 2011

Florida Real Estate: Adverse Possession Means Free Land…huhh?

I ended the conversation pretty quickly when the topic of adverse possession came up.  I am not an attorney so I referred the caller to an attorney if he wanted to take about anything touching on legal issues.  I am not an attorney or CPA!

What he had in mind I believe was… an abandoned, possibly foreclosed, home down the street from a friend.   He thought he could just move in and then have the property records changed through adverse possession.

Again, I referred him to an attorney.

But not before telling him that if a home is foreclosed, the bank owns it.  They have paid the taxes on it.  They hire companies (usually) to keep a check of the property.

And, more importantly, although I am not a lawyer, I am pretty sure if you enter any “abandoned” home you are likely trespassing, burglarizing and breaking and entering.

I have read many stories about “squatters” moving into vacant homes.  Check out  this article on MSN.com: 

To squat or not: Can you take over the abandoned home next door?


I have read stories where scammers have changed the locks and even gone so far as to rent them out.

Still, if you are in need of a home in Brevard County Florida, do it the right way – either lease it through a reputable real estate company or buy it through a reputable real estate company/agent.

When you are ready to buy or sell a house or condo in Viera Florida, call me at 321-693-3850 or email me.  Give me a chance to be your Realtor® of Choice in Brevard County, Florida.

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
www.moving2brevard.com

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