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Squatters Rights and Morgage Repayments

  • 12-09-2012 12:50pm
    #1
    paky
    Banned (with Prison Access) Posts: 2,138 ✭✭✭


    If an individual is in arrears on morgage repayments can they claim squatters rights regardless of the money that is owed?


Comments

  • #2
    ResearchWill
    Closed Accounts Posts: 4,111 ✭✭✭ResearchWill


    Simple answer is no you can not claim advers possession as you are the legal owner of the property.

    There is a long answer but really not going to go into it.


  • #3
    paky
    Banned (with Prison Access) Posts: 2,138 ✭✭✭paky


    Ok thank you


  • #4
    krd
    Banned (with Prison Access) Posts: 3,455 ✭✭✭krd


    ResearchWill wrote: »
    Simple answer is no you can not claim advers possession as you are the legal owner of the property.

    There is a long answer but really not going to go into it.

    So, someone whose mortgage is so far below water, it's resting on the sea bed beside the Titantic, needs to find someone in a similar situation, and swap houses.


  • #5
    NoQuarter
    Registered Users, Registered Users 2 Posts: 4,632 ✭✭✭NoQuarter


    krd wrote: »
    So, someone whose mortgage is so far below water, it's resting on the sea bed beside the Titantic, needs to find someone in a similar situation, and swap houses.

    Nice!

    then just hide under the bed for 12 years and wham!


  • #6
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    Paky and KRD

    You are obviously not lawyers, but do either of you have any common sense or cop on?

    Or are you just trying to wind up the eminent legal eagles on this site?


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  • #7
    jhegarty
    Registered Users, Registered Users 2 Posts: 6,441 ✭✭✭jhegarty


    krd wrote: »
    So, someone whose mortgage is so far below water, it's resting on the sea bed beside the Titantic, needs to find someone in a similar situation, and swap houses.

    That would be missing the adverse in adverse possession.


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