My family owns some land in Missouri. There is a house and land that borders our property that has been deserted since the late 1940's. I mean, deserted. As far as we know there were health complications and both people died and there was no family that it was passed onto.
I think i vaguely remember hearing about a real estate statute that went something like if you were to stake off a perimeter around property and it wasn't disputed, taken down, claimed, etc. for 3 years that it could be claimed as your own and ownership could be transferred to you.
Is this actually true? We already upkeep around the place anyway mowing fields, etc just because we don't want to have to look at a rundown place everytime we drive into our place. I was thinking about putting barbed wire around the place and trying to do this so we could at least take ownership of the land.
Anyone know the discrepancies of this and if its true or not?
I tried searching google but couldn't turn up anything. Thanks in advance!
I think i vaguely remember hearing about a real estate statute that went something like if you were to stake off a perimeter around property and it wasn't disputed, taken down, claimed, etc. for 3 years that it could be claimed as your own and ownership could be transferred to you.
Is this actually true? We already upkeep around the place anyway mowing fields, etc just because we don't want to have to look at a rundown place everytime we drive into our place. I was thinking about putting barbed wire around the place and trying to do this so we could at least take ownership of the land.
Anyone know the discrepancies of this and if its true or not?
I tried searching google but couldn't turn up anything. Thanks in advance!