News story - almost lost her family property to claim of squatters' rights

Discussion in 'Investment Strategy' started by New Town, 23rd Oct, 2021.

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  1. New Town

    New Town Well-Known Member

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    Squatters - I'm actually not against someone occupying an abandoned property - its a more efficient use of property.

    But this claiming adverse possession is dodgy. Its 12 years in NSW, and that is actually not a long time in real estate.

    That said if you've essentially abandoned your property for such an extended period perhaps it should be forced to be moved on. But as a sale not just taken??

    This story the owner had a close call and retained ownership, mostly got lucky. Next time put up a big fence and a few no trespassing signs.

    Tracey almost lost her family property to a big developer who claimed squatters' rights - ABC News
     
    New Town, 23rd Oct, 2021
    #1
  2. inertia

    inertia Well-Known Member

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    The comments on FB are hilarious.
     
    inertia, 24th Oct, 2021
    #2