This office lease clause is a condemnation clause that illustrates a mild effort to deal with some of the issues In the event the whole of the building or a substantial part of the building is condemned.
Virgin Islands Condemnation Clause
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Multi-State
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US-OL11015A
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FAQ
Adverse possession is a doctrine under which a person in possession of land owned by someone else may acquire valid title to it, so long as certain requirements are met, and the adverse possessor is in possession for a sufficient period of time, as defined by a statute of limitations.
Claiming Adverse Possession To claim adverse possession, the squatter has to show three main things: Open, undisturbed occupation of the property. He must intend to occupy the property as his own, to the exclusion of the title-holder. His occupation must be for a continuous 16 year period.
To condemn private property, the condemning authority must follow a specific procedure and pay just compensation to any party with a compensable interest in the property. A ?compensable interest? would be, for example, fee simple title, an easement right on the property, or a lease.
The U.S. Virgin Islands are an unincorporated territory of the United States. Many but not all federal laws apply to the U.S. Virgin Islands.
Courts in the Virgin Islands have always held that adverse possession means that the adverse claimant asserts ownership, an interest that is hostile to the title of the true owners.
Rent the property: Similar to granting permission, you may be able to get the trespassers to sign a lease to rent the property. This could also help prevent a trespasser from making an adverse possession claim.
Additionally, squatters may be able to claim adverse possession, which is when they have been occupying a property for a certain period and have made improvements to the property. However, it is important to note that squatting is illegal and can lead to legal repercussions.