Showing posts with label hmmm. Show all posts
Showing posts with label hmmm. Show all posts

Tuesday, November 9, 2010

Resurgent 1800s Law of the Day

A law in Florida from 1869 states that if a person takes over a home and the real owner doesn't claim it back within 7 years, then it belongs to the person who took it over. (See: Squatters' Rights).

With all of the home foreclosures all over the country, there are literally thousands of abandoned homes and businesses have sprung up to take possession (without paying a dime to anyone) while hoping they can ride out the 7-year period. These businesses are even renting the homes to tenants...homes they do not own.

Shady practices is an understatement.

Here's the full piece.