Is time digressing? Or, would that be regressing? Adverse Possession was originally set up in Texas and other states to help establish the boundaries of Farm and Ranch land. This is one of our old laws established in the 1880's that has yet to be ammended. I became highly fascinated with this in Real Estate School.
After questioning the class Teacher she explained it like this:
If a farmer had 300 acres and was only farming one hundred, it is likely that a SQUATTER could or would settle upon his land in an obscure area that may go unnoticed for many years. Say the SQUATTER had worked the land for years and was using about 20 acres of that land. The SQUATTER could prove this after showing sales to local stores in the past.
Mr. Landowner discovers this and says, "GET THE &^&^^ OFF MY LAND!
Ms. SQUATTER comes to the door with a double barrel shotgun and points it at him and says, "It ain't your land Mr. Landowner and I'm telling ya to git off my land or I'll shoot ya!" This act should happen each and every time Mr. Landowner shows up. Ms. SQUATTER has the right to protect HER LAND.
Ms. SQUATTER has the legal right to do so and is encouraged to do so by the courts if she believes it is HER land! If she can prove to the courts she has claimed and worked the land for 7 years, by unchanged Texas Law, she actually has the right to keep it.
Mr. Landowner just lost 20 acres.
Thus, the reason we sit in the boardroom at the Title Company and one of the forms signed by the Buyer releases the Title Company from any responsibility of potential SQUATTERS.
They still exist! Now, listen to this one!
A Texas Man has managed to claim a $300,000.00 Foreclosure by filing a form with his local Courthouse! He took over the bills in his name, announced to his neighbors of his intention and is now living in the home with "NO TRESPASSING SIGNS" which is today a new and legal form of the double barrel shotgun. Can he do this? According to our unchanged and unamended law, yes he can. As long as he lives there proclaiming his intent for the next three years the home will become his for a whopping $16.00. As it turns out, the original owners of the home would have to pay off the entire debt in full before anyone can kick him out and that includes the bank! OMG...what is this world coming to? You have to read this on my web site. My jaw dropped. No wonder I have always been so fascinated with this law!
Read the original article HERE!
It still works!
Geesh. That's all I have to say about that!
Check out my website at: www.debs-realestate.com.