Squatting leads to $1.6 million property ownership | ABC News

A Sydney property developer has won the ownership rights to a home in the inner west after finding it empty and renting it out for two decades.

The New South Wales Supreme Court awarded the home to Bill Gertos under "adverse possession", or squatting laws, despite a challenge from the relatives of the last listed owner.

Mr Gertos told the court he came across the Ashbury home in 1998 — which had sat empty since its last tenant died the same year — while visiting a client on the same street.

Read more here: https://www.abc.net.au/news/2018-10-31/man-awarded-sydney-property-under-squatters-rights-laws/10450462

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Видео Squatting leads to $1.6 million property ownership | ABC News канала ABC News (Australia)