Adverse Possession
- Charles P Burke
- Aug 12, 2016
- 1 min read
When teaching a class I tell me we still have rules and laws that go back to the Wild, Wild West. Long ago when people moved west to claim their fortune they laid claim to parcels of land. So long as they lived on that land for a stated period they would become the owner of record. Often people abandoned these properties and others would take them over. Once they lived there for a specified period of time they laid legal claim to the property. To claim ownership they must own the property Open, Continuous, Exclusive, Adverse, notorious for a Statutory period of time.
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Credit reporting agencies aren’t exactly friends you invite over for pizza, but knowing who’s keeping tabs on your financial skeletons is basically survival 101. If your report’s a battlefield, this list is your map: https://consumerattorneys.com/resources/list-of-credit-reporting-agencies. Some of them will mix up names, dates, or bills like it’s improv night, and suddenly your “good standing” looks like a horror show. Knowing who’s on your team—or against you—can mean the difference between a clean slate and a recurring headache. Worth bookmarking before your next credit check.
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