Wednesday, January 30, 2013

Andre 'Loki' Barbosa Claims $2.5M Boca Raton Mansion Under 'Adverse Possession' Law

Andre 'Loki Boy' Barbosa

A $2.5 million South Florida mansion has been taken over by a crafty squatter and the police are powerless to order an eviction.


The 7,500 square-foot residence in Boca Raton, Fla., is currently being inhabited by Brazilian national AndrĂ© Barbosa. The 23-year-old is using an antiquated legal covenant called "adverse possession" that allows a vacant property’s title to be acquired by anyone openly occupying and maintaining the site and paying real estate tax for seven years.


"Nobody’s happy – we all spent a lot of money to live on this street," a neighbor told ABC News. "This guy is trying to pull something."

Full Article at NewsFeed

http://youtu.be/OHzTNj_WVhE

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