Adverse Possession and Squatters' Rights

SOURCE www.foxnews.com
Adverse possession allows individuals to claim ownership of land they have possessed for an extended period of time. Each state has different requirements for adverse possession.

Key Points

  • Adverse possession allows individuals to claim ownership of land they possess for a certain period of time
  • Criteria for adverse possession include continuous use, hostile use, exclusive use, open and notorious possession, and actual possession
  • Squatters may unintentionally or intentionally claim adverse possession of properties
  • Property owners can protect themselves by marking clear boundaries, putting up 'no trespassing' signs, and conducting regular land inspections

Pros

  • Provides a legal means for individuals to gain ownership of land they have possessed for a long time

Cons

  • Can lead to disputes and legal battles between property owners and squatters