Flower Mound House For $16

Kenneth Robinson lives on Waterford Drive in Flower Mound, Texas, but he doesn’t own or rent the home he claims he has a right to live in.

The home was in foreclosure, and the owner abandoned the property. That’s when Robinson swooped in and, after submitting a $16 filing fee at the local courthouse, claimed the law of “adverse possession” gave him the right to occupy the home.

Adverse possession is a common law concept developed in the 1800s. According to Lucas A. Ferrara, a partner in Newman Ferrara, a New York City real estate law firm, adverse possession was enacted to ensure that property wasn’t abandoned and was “maintained and monitored.” It requires the posting of a clear, public notice that someone is at the property — hence the court filing — and that someone would remain there for a specific period of time, usually 10 years.

After the time requirement is satisfied, the Robinsons of the world have the opportunity to claim clear title to the property. In the meantime, the original property owner could fight the action, but it would be costly. And since the house has already been abandoned it’s not likely the original owner would wage an expensive legal battle to get it back. The mortgage holder would have to fight a court action too.

Full ABC News Article

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7 Responses to Flower Mound House For $16

  1. Stefanie says:

    I was shocked when I read this so I googled it. Only to be reminded about how nasty people can be and quick to judge. This guy found a loophole in the system and he used it. Heck…he's just doing what big businesses do to the tax system every single day. People are up in arms about this? Seriously, I wish they knew how much major businesses skip out on paying taxes each year legally because of these loopholes.

    So, in the end, they're upset at a guy for not paying 'his fair share' in an uncommon loophole. But, the same set of readers probably don't have much clue on how bad the debt crisis is right now and how the people we elected are part of that problem.

    Whoa…I got off topic there. Sorry.

    With that said, I think GMA filters their comments. WFAA clearly does not. WFAA should seriously consider doing it in the future.

    Oh, and on the google search, BoN came up on the first page! Your big stuff, dude! :-)

  2. Anonymous says:

    As one who knows that area well, I promise you that the residents are NOT upset because he exploited a loop hole. If he were a lawyer or a doctor the neighbors would laugh and welcome him.

  3. Stupid is.... says:

    What's going to be funny is when the bills for maintaining the property come in. Whose the dummy then?

  4. Christi raglin says:

    Enter text right here!That is what i told my sister, if hte nighbors was in the same situation it would not beaproblem. Get over it.

  5. steveguy4 says:

    Flower Mound, Texas’s own Kenneth Robinson adverse possession class coming soon!!!
    https://www.flowermoundtxofficial.com/23.htm

    alt site: http://www.adversepossession.com/?hop=flowerm

  6. steveguy4 says:

    Flower Mound, Texas’s own Kenneth Robinson adverse possession class coming soon!!!
    https://www.flowermoundtxofficial.com/23.htm

    alt site: http://www.adversepossession.com/?hop=flowerm

  7. RanchhandFeedingYou says:

    Doctors, Lawyers, Politicians, Fat-Cats, Oh this is starting to sound like all the people that rip us off in the Real World because they think their @#$% doesn't stink and they are supposed to be better than the average just because they went and got Drunk and Laid while their Parents paid for their tuition!!! These people are the Minority so why not vote them out of all offices and let them get some Wal-Mart made in China Time. Oh;I forgot that was a Lawyer who ran and borrowed Trillions from China without our permission.

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