How To Prevent Squatting
Ever since the recession, more and more people seem to be taking to the practice of squatting. In nature, squatting isn’t something that is measure, but there is an estimated 20-30,000 people squatting in cities such as London. In past cases, squatting has mostly been found in commercial or residential properties that are completely vacant. However, there are cases now where some squatters will take over residences when home owners go on holidays, or even more bizarre cases. One of the most surprising things when it comes to somebody occupying an empty or abandoned building that they don’t happen to own or rent, is that even if they are on the property without the owner’s permission, so long as they haven’t broken a lock or made any sign of intrusion, they aren’t technically breaking the law. If the squatters start to break in to the property, or steal any goods or refuse to leave when asked, this is when they are considered to be breaking the law. The police cannot simply remove them from your home until you have proven to them that you are the legal owner of the property. When this happens, the police can usually remove the squatter from the home and ensure that the criminals are evicted.
One of the best ways to keep yourself financially secure from cases of squatting is to invest in eviction of squatters coverage. This type of coverage option will help you to afford the potential legal costs of ridding squatters from your property. Companies such as Just Landlords are capable of providing this type of specialized coverage, and usually with very low premium rates. Always research the insurance provider that you intend to do business with – it will save you a lot of money and frustration down the road.
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- Published:
- 12.6.11 / 10am
- Category:
- Real Estate
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