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This kind of think happens in England a lot, thats where the law comes from

Discussion in 'General Property Chat' started by SeafordSunshine, 9th Jun, 2016.

  1. SeafordSunshine

    SeafordSunshine Well-Known Member

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    This banker is a squatter, does anyone know him?
    I wonder what his employer thinks?
    If it happened to me I would go back in and change the locks..
    but I suspect the owner doesn't know about it?


    The Redfern banker claiming squatter's rights
     
  2. Casteller

    Casteller Well-Known Member

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    Common
    Common in Spain also. If you tried changing the locks or interfering with the person living in the property the owner would get in big trouble and charged with illegal trespassing.
    Squatters break down doors to get in and live in unoccupied properties, there are tens of thousands of them here, some are very well organised. Few weeks ago some were evicted from living inside an abandoned bank, there were riots in the street. Strangely they have a lot of public support, even from lawyers and some public officials, especially if the unoccupied property is a repossession owned by a bank (which are pariahs of society in many peoples eyes).
     
  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    He would have to occupy the place for 12 years.
     
  4. SeafordSunshine

    SeafordSunshine Well-Known Member

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    He plans on renting it out, so I don't think he would qualify? ( I'm not a lawyer)
     
  5. neK

    neK Well-Known Member

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    Does that mean I can get a locksmith to open the door where he is squatting and then change the locks and start squatting there myself ?
     
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  6. SeafordSunshine

    SeafordSunshine Well-Known Member

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    I was thinking along those lines, too but how did he get a structural engineer to go in? If I was a tenant I would wonder about any surety?
     
  7. SeafordSunshine

    SeafordSunshine Well-Known Member

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    Few weeks ago some were evicted from living inside an abandoned bank, there were riots in the street.

    I can understand the Spanish people's actions. Cities with a lot of unemployed people and peoples homes being repossessed by the bank.

    I suspect this is a banker who thinks there is a loophole in the law, and has the resources to challenge it.
    For me it opens up a lot of questions, (I know that house), and makes me 'think why bother having title deeds?'
     
  8. hash_investor

    hash_investor Well-Known Member

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    I wonder how come the house was vacant for so long...
     
  9. sanj

    sanj Well-Known Member

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    How is possession defined in this case? Could someone else not go in there and change the locks?

    Ultimately if someone really wanted to they could get the property back if they were creative enough, especially if a property was land value only
     
  10. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Yep any one could change the locks and go in - they would be tresspassing against the owner, but it looks like he is missing in China and possibly dead.

    Maybe someone could apply to get a death certificate for the owner and the house would pass according to his will or intestacy laws.
     
  11. Dean Collins

    Dean Collins Well-Known Member

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    As the squatter is a banker I wonder if he knew something about this property from his "professional life" and its a wonder that the Chinese embassy isn't getting involved trying to track down the owner.

    The next step is the Chinese press are going to get coverage of this and 10,000 fake "descendants of Mr Wong" are going to turn up at Sydney demanding the deeds be handed over to them because they produce fake docs showing that he died years ago and they inherited his estate :)
     
  12. larrylarry

    larrylarry Well-Known Member

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    Would be fun in the equity court.
     
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  13. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    From memory, if someone hasn't been seen or heard from for 7 years or more they can be declared dead. Not sure who would want to bring such an application, but if there are any relatives who could benefit by intestacy they would be a good candidate.
     
  14. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Also, no one has a right to change the locks as this is trespass, but with a missing owner there is no one to sue for trespass. So another person could just change the locks and kick out the banker - he has no right to sue for trespass as he is not the owner.

    It could come down to a fight of locksmiths - who ever has the biggest lock wins.

    And did you see the inside of the house - its all basically disintegrated so nobody is going to be able to live there anytime soon without spending up big. Wonder what the toilet is like!!!
     
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  15. neK

    neK Well-Known Member

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    It would interesting if some picked the locks and squatted there with a bunch of bikies / triads after this guy renovates it. That would make for a good story. :p what would he do then? Go to the police? Haha
     
  16. larrylarry

    larrylarry Well-Known Member

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    This banker is now exposed. Should be interesting from now.
     
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  17. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    He won't last the 12 years!
     
  18. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Wonder why the council did the repairs and why they haven't sold the property to recover their rates.
     
  19. euro73

    euro73 Well-Known Member Business Member

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  20. SeafordSunshine

    SeafordSunshine Well-Known Member

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