Friday, January 25, 2013

Adverse possession in Boca Raton?

Back in first year property at the University of Chicago, a visiting professor asked the rhetorical question of "why" squatters could not benefit from adverse possession.

In the news in January 2013:

The neighbor of a Florida man invoking an obscure real estate law to stake a claim to an empty $2.5 million mansion said he believes that the man is a pawn in a attempt to cash in on the empty property.

Andre "Loki" Barbosa has lived in the five-bedroom Boca Raton, Fla., waterside property since July, and police have reportedly been unable to remove him. The Brazilian national, 23, who reportedly refers to himself as "Loki Boy," cites Florida's "adverse possession" law in which a party may acquire title from another by openly occupying their land and paying real property tax for at least seven years.
The house is listed as being owned by Bank of America as of July 2012, and that an adverse possession was filed in July.

After Bank of America foreclosed on the property last year, the Palm Beach County Property Appraiser's Office was notified that Barbosa would be moving in, according to the South Florida Sun-Sentinel.

from post Man Squatting in $2.5M Mansion Attempts 'Adverse Possession'


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