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How to File Adverse Possession in Texas Five Requirements for Adverse Possession. Actual and Exclusive Possession. Open and Notorious Possession. Continuous Possession for a Specified Period. Hostile or Adverse Possession. Claim of Right or Color of Title. ?Tacking? in Adverse Possession Cases.

What is the three-year rule? That is the general escheat rule for personal property. Unclaimed personal property is considered abandoned if, for longer than three years, the location of the owner is unknown and a claim to the property has not been asserted.

Adverse possession is a process in which a person makes a legal claim to real property that did not belong to them originally. It is sometimes referred to as "squatters' rights." Certain circumstances and time limits must be met for an adverse possession claim.

Code § 16.024, the trespasser can bring a claim of adverse possession after a mere 3 years. To do so, however, they must establish "color of title," meaning that the trespasser has some sort of deed or conveyance, albeit perhaps a mistaken one, showing their name as record title owner.

What is a Satisfaction of Mortgage? A Satisfaction of Mortgage, sometimes called a release of mortgage, is a document that acknowledges that the terms of a Mortgage Agreement have been satisfied, meaning that a borrower has repaid their mortgage loan to the lender.

A satisfaction of mortgage, also known as release, cancellation or discharge of mortgage, is a type of legal document that proves you paid your mortgage in full. As a result, it also certifies that the property's title is clear of any liens.