Here's a real life example reported by KHOU.com from Texas:
Lowrie and her husband said the house down the street was in foreclosure for more than a year and the owner walked away. Then, the mortgage company went out of business.That is simply legalized theft and any honest judge would read the law in a way that made that clear. But government is full of bureaucrats who think their job is to "do business as usual" and let the clever criminals run circles around them.
Apparently, that opened the door for someone to take advantage of the situation. But, Kenneth Robinson said he's no squatter. He said he moved in on June 17 after months of research about a Texas law called "adverse possession."
"This is not a normal process, but it is not a process that is not known," he said. "It's just not known to everybody."
He says an online form he printed out and filed at the Denton County courthouse for $16 gave him rights to the house. The paper says the house was abandoned and he's claiming ownership.
"I added some things here for my own protection," Robinson said.
The house is virtually empty, with just a few pieces of furniture. There is no running water or electricity.
But, Robinson said just by setting up camp in the living room, Texas law gives him exclusive negotiating rights with the original owner. If the owner wants him out, he would have to pay off his massive mortgage debt and the bank would have to file a complicated lawsuit.
Robinson believes because of the cost, neither is likely. The law says if he stays in the house, after three years he can ask the court for the title.
Lowrie and her neighbors continue to look for legal ways to get him out. They are talking to the mortgage company, real estate agents and attorneys. They're convinced he broke into the house to take possession, but Robinson told News 8 he found a key and he gained access legally.The sheriff of that town should simply show up, handcuff the scoundrel, drive him to the edge of town, uncuff him and tell him if that if he steps into the city limits again he will be arrested and have the book thrown at him. It is patently absurd to let a stranger steal $300,000 while claiming that "the law can't stop him". That is nuts. If that stands they might as well disband the police, the judicial system, the local government and let the criminals run things.
"If he wants the house, buy the house like everyone else had to," Lowrie said. "Get the money, buy the house."
Robinson said he's not buying anything. As far as he''s concerned, the $330,000 house is already his and he has the paperwork to prove it.
Oh... by the way, I just "found the key" for Fort Knox and this weekend I plan to "take possession" of all of the US's gold just like this dude took possession of the Texas house. If its legal in Texas, the same "adverse possession" trick must work in Kentucky, right? Or maybe I might just show up at Cheyenne Mountain "take possession" of the operational nuclear forces of the US and do my own personal launch of WWIII for entertainment. What's to stop me? Obviously not the law since it is clear that any third party can waltz in and "take possession" of anything and not a damn thing can be done to stop them.