May 25, 2013

Florida Man Squats on $2.5 Million Mansion Attempting Ownership (Video)

   
Andre 'Loki' Barbosa, 23, may soon own this home due to Florida's 'adverse possession' law.

Andre ‘Loki’ Barbosa, 23, may soon own this home due to Florida’s ‘adverse possession’ law.

*We’ve heard of folks squatting on property before, but the property is normally a home worth under $100,00 or even $50,000.

No one would attempt to squat on a home over $1 million, right? Until now.

A foreclosed mansion in Boca Raton, Florida, has been taken over by a 23-year-old Andre “Loki” Barbosa. The Brazilian national has been squatting in the palatial 5-bedroom since July 2012.

The police don’t bother him because they say Bank of America–who is the owner of the property–has not filed a complaint with them.

(more…)




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