In a rather amazing and rare story, a Sydney property developer has placed a home on the market for sale with an asking price of roughly $1.5 million which he did not purchase, and which was not gifted from family or an acquaintance. It has been awarded to him legally under the rule of adverse possession.
In this article we discuss the law of adverse possession and the history of this extraordinary case.
Carnelian Property Management Newcastle NSW
We are a family-owned and run Charlestown real estate agent offering expert property management across Newcastle and Lake Macquarie.
Carnelian Property Management
1A Chapman St Charlestown NSW 2290
ph: 02 4062 7458 (tenant / general enquiries)
m: 0407 065 126 (investor enquiries)