After a decade of paying taxes, yes squatters have rights.For example, imagine that Mary and Marty live next to one another in New Orleans. No dividing fence or boundary exists between their yards. Marty builds a shed that is actually on Mary’s side of the property, covering about ten square feet of earth. Marty doesn’t say anything. Marty uses the shed as if it were on his own land. He does this for ten years. Under the rubric described above, Marty can probably establish that he “owns” the land on which he was encroaching. Mary could have stopped Marty by asking, over those ten years, that he remove his shed, or sign a rental agreement. But Louisiana courts won’t let her suddenly eject Marty after having sat on her rights for more than a decade.
That is what happens. If no one pays the delinquent taxes then the county takes possession. The county then usually puts it up for auction and they take all the money raised at auction. If the back taxes were $20,000 and the property brings $50,000 then they still keep all the money. The other county landowners then benefit slightly because the county has that extra money.I think it should go back to the county anf be auctioned offlike all the other IRS repos.
This is state sponsored burglery theft. . You know how hard some work then have to leave for a few years to go care for a parent or job transfer?To come back anfind our some low life has moved into their home?
I heard this haappend alot in the 1800 to early 1900s.
That is what happens. If no one pays the delinquent taxes then the county takes possession. The county then usually puts it up for auction and they take all the money raised at auction. If the back taxes were $20,000 and the property brings $50,000 then they still keep all the money. The other county landowners then benefit slightly because the county has that extra money.
I'm glad you mentioned mortgages.Here too. You have to be careful though, all leins come with the property, including mortgages.
This soldier stationed over seas comes home to squatters living i nhis home.
What would you do if you were gone and someoen stole your home and its lrgal?
Enter your email address to join: