Adverse possession is a legal doctrine that allows for a person in possession of someone else's real estate to acquire a valid legal title to the property. It requires that possession is hostile, continuous, open and notorious, actual, and exclusive, and must last for a certain period defined by law.
Nicole expressed that even with both her and her husband's well-paying jobs, they find it difficult to afford a family home, saying, "We'd love to leave our apartment and get some space, but it just feels so out of reach."
Over 15 years ago, my husband and I thought we'd built the 3,000-square-foot home of our dreams. We added extra bathrooms, another bedroom, and focused on having tons of space for loved ones.
The Financial Conduct Authority (FCA) has released a discussion paper outlining the potential benefits and risks of rule changes, aiming to support wider access to sustainable home ownership.
"The idea is that housing can be a thing that you no longer have to worry about," Grubb told San José Spotlight. "The difference between affordable home ownership versus affordable rental is that you're not (just) changing the lives of two or three people. You're changing the lives of entire families."
Joint home ownership was an obvious next step for us. We've endured every argument we could have had, overcome many different situations, and weathered family secrets and friend fallouts by each other's side.