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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (8474)	9/6/2001 11:56:27 AM
From: Nemer	Read Replies (1) \| Respond to of 19219

>>> Any one who lives against it can fence and claim it, if they know the legal in/outs ( first to do it on either side gets it ) The county don't care as it gets it on the Tax rolls, not to draw too fine a point on this, BUT ANYONE can do it ... doesn't need to be a neighbor ... as long as (and this is "close to legal terms" ...) taxes are paid and notorious usage is made of the property ... which simply means (or again, close ...ggg) should anyone a) pay the taxes on that SPECIFIC parcel b) use the property where it is quite evident to a reasonably observant person that it is "being used" c) and do a&b for seven years the land belongs to this "user" after seven years and title passes and can be further passed under the Law of Adverse Possession ... What you said on the used fencing part is fine and will perhaps forestall further inquiry ... and, not withstanding what you alluded to ... and I'm NOT trying to nitpick ...ggg but the six months except for homesteads and the 25percent premium is normal but CAN change and WILL change in a courtroom when/if suit is brought ... Now, I'll agree that what you said will work .. and will work nearly ALL the time ... but given the proper circumstances and an extenuating monetary situation the seven years is the state of Texas law .... (or at least it is my limitied understanding of the matter and is subject to court interpretation and involvement which precludes a lot of happenings) Again, Cap'n, I really didn't mean to get into all this deep a discussion as it involves a great deal more than we can get from it on JT's thread ....gggg