Current:Home > StocksSome homeowners left waiting in limbo as several states work out anti-squatting stances -Nova Finance Academy
Some homeowners left waiting in limbo as several states work out anti-squatting stances
View
Date:2025-04-23 04:54:20
New anti-squatter laws go into effect a week from Monday in both Florida and Tennessee, which will make it six states that have passed similar laws this year. But some U.S. homeowners aren't waiting for new laws to help them confront the problem.
When Jean, an 81-year-old grandmother in Idaho, inherited a plot of commercial land in Los Angeles, she thought her financial worries were over — until squatters claimed the property. Jean says at least 20 people in a dozen RVs took control and barred her from her own land. At the same time, she says she has continued paying property taxes and liability insurance.
Jean says she's spent her savings of about $100,000 to cover legal fees, taxes and lost rent. Although she found a buyer willing to take the property with the squatters, she says she had to drop her asking price by $800,000.
Squatters' rights go back to the British legal system, where the idea was to ensure abandoned or unused property could be put to good use by people who needed it. But the good intentions of centuries-old law have created some modern-day nightmares.
At another Los Angeles property that's been vacant for four years, squatters moved in after the owner died during the COVID-19 pandemic and no one in his family claimed it. The home has since fallen into disrepair and is riddled with broken windows, trash and graffiti.
Terri Cortez lives next door and says, "It's been a horrible nightmare." She wants the city to tear it down.
"I think the neighbors and I are very scared sometimes of what kind of people come up and people sometimes come in," Cortez said.
Since law enforcement can't do much and court battles can take years, other people are stepping in with different approaches.
Lando Thomas and Kimrey Kotchick run a company called "Squatter Squad." They break the locks squatters install and put up cameras to monitor them around the clock.
But they say even that isn't always enough to drive squatters away. In one incident, they were called in by a homeowner whose Airbnb guest overstayed his reservation and refused to leave.
Squatting has become a problem for landlords far beyond Southern California. One survey shows cities and counties in Georgia, Texas and Florida have more squatters than any other metropolitan area, according to the National Rental Home Council.
This story is Part 1 of a "CBS Evening News" report on squatting. Part 2 airs Tuesday, June 25, and will focus on solutions to the problem.
- In:
- Los Angeles
- California
- Homeowners
Carter Evans has served as a Los Angeles-based correspondent for CBS News since February 2013, reporting across all of the network's platforms. He joined CBS News with nearly 20 years of journalism experience, covering major national and international stories.
TwitterveryGood! (3)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- More employees are cheating on workplace drug tests. Here's how they do it.
- US prisoners are being assigned dangerous jobs. But what happens if they are hurt or killed?
- Victoria Justice Breaks Silence on Dan Schneider and Quiet on Set
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Chicago Police excessive force complaints bring critics, worry over city's hosting of DNC
- 10 indicted on charges of theft from Tuskegee University
- After the Deluge, Images of Impacts and Resilience in Pájaro, California
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Barge hits Texas bridge connecting Galveston and Pelican Island, causing partial collapse and oil spill
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Researchers find 'fluffy oddball' of a planet with a composition similar to cotton candy
- This Week’s Landmark Transmission Rule Forces Utilities to Take the Long View
- Justice Department to investigate Kentucky’s juvenile jails after use of force, isolation complaints
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Watch retiring TSA screening dog showered with toys after his last shift
- Kathleen Hanna on Kurt Cobain friendship, Courtney Love sucker punch, Bikini Kill legacy
- North Carolina revenue decline means alternate sources for voucher spending considered
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Tennessee Titans post sequel to viral NFL schedule release video: Remember 'The Red Stallions'?
Raccoon on field stops play in MLS game. How stadium workers corralled and safely released it.
Blinken visits Ukraine, says U.S. weapons will make a real difference as Russia pushes new offensive
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Judge says Delaware vanity plate rules allow viewpoint discrimination and are unconstitutional
Missouri lawmakers renew crucial $4B Medicaid tax program
Bumble drops controversial ad poking fun at celibacy, abstinence, issues apology