Foreclosure in 88101>Question Details

Bryan, Renter in Clovis, NM

I am in a house the owners haven't lived in for 7 years, they've paid no taxes and Ive been taking care of it,

Asked by Bryan, Clovis, NM Sun Jun 15, 2008

Does New Mexico have such a thing as squatters rights? Legally am I even entitlied to sweat equity since there is no lease and I havent paid a dime since i've lived there for the past three years. And what about adverse possesion? Does that apply to me? The property taxes as well as garbage and disposal are past due, but i am not willing to pay them if ownership isnt a possibility...

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3
Bryan,

As previously states, this is a question best served by directing it to a real estate attorney.

Good luck
0 votes Thank Flag Link Fri Sep 26, 2008
If the taxes are past due and the owners will not come forward and pay them the property will probably be sold in a tax sale. It might be a cheap way to buy the property you have been living in.

Here is what a NM Attorney on Yahoo Answers had to say about NM Squatters rights. "Squatters rights" are "adverse possession" under the law. The NM Statute is cited above. He didn't gain possession of the property as a "squatter" if he had permission from his mother to live on the property (his possession was not adverse). Unfortunately for your friend, under N.M. property law, all transactions for the transfer of property must be in writing, so if he doesn't have any document he has a very tough uphill battle to gain title to anything.

If you would like me to look into anything for you give me a call. 799-9500, Im at Weichert Realtors.
0 votes Thank Flag Link Thu Sep 25, 2008
Sounds like a great question for a Real Estate Attorney.

The real estate pros on Trulia are mostly Realtors and we will not be able to give legal advise, especially concerning things like this. Your best bet is to consult a real estate attorney that practices in your local area.

Best,
Sylvia
0 votes Thank Flag Link Sun Jun 15, 2008
Sylvia Barry,…, Real Estate Pro in Marin, CA
MVP'08
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