Iam not talking about one of those ‘free land’ schemes, which some Governments offer, in an attempt to generate more land tax; where the only thing you’ll get is a practically worthless piece of desert or mountain land.
No. I am referring to "abandoned" (yet highly valuable) real estate; the kind you see around you every day in cities, towns and rural communities. Real estate such as private homes, apartments, vacant land, woodland, in fact just about every type of land and property you can think of…
Yes. It’s all thanks to a little-known legal procedure, well founded in English law, called "Adverse Possession". Simply put, this procedure allows anyone to legally claim ownership to real estate, where the original owner cannot be found or where they do not come forward to ert their ownership.
There is no limit to the number of land parcels, and properties, you can lay claim to with Adverse Possession… You could be claiming ownership of highly valuable property, on a regular basis, and building a substantial real estate portfolio.
Imagine… acquiring FULL LEGAL OWNERSHIP of real estate, and not paying a penny for it! – No down-payment, no mortgage worries, or rent to pay out for. You’re simply making use of a legal procedure to gain ownership of real estate. A procedure that most people don’t even know exists let alone how to go about doing it.
Over the years, Adverse Possession has created real estate wealth for many individuals worldwide. People like Timothy Ellis, who used Adverse Possession to acquire ownership of a £225,000 (US$357,000) home in South London, England.
…And Roy Bates, who, in 1967, and much to the embarr ment of the British Government, used Adverse Possession to actually acquire ownership of an abandoned military base, located in the North Sea, off the eastern coast of England!
(Previously known as "Roughs Tower" and resembling a small oil rig, this island fortress was used in WWII to help defend the British coastline against German attack).
How was he able to do it? He did it by following the law… Like Mr Ellis, he acquired ownership to a piece of real estate (in this case a military fort, located in the North Sea) that had been abandoned, i.e. it had been left vacant for several years, with the original owner showing no interest in it.
Imagine acquiring legal ownership of a purpose built military base, in the North Sea, and not paying one penny for it! This property is, undoubtedly, worth many millions in today’s market.
Or, what about the Woodstock Organization, in America, who tried Adverse Possession to acquire ownership of the famous Woodstock Festival site, on behalf of the general public. And more recently, Kenneth Robinson of Texas was featured in an ABC News article, regarding his claim to a home in the upscale neighborhood of Flower Mound, TX.