NEWSFLASH!
On August 28, 2007, Governor Spitzer vetoed the adverse possession bill that had been the subject of our recent blog posts.
While the proposed legislation was certainly flawed, this development is viewed as a major setback for property owners throughout the state.
One reader wrote:
We are back to square one. "Good" news for those who adversely occupy property, and "bad" news for the affected owners.
I thought the Governor would sign it into law. Even though it was not a perfect bill, it eliminated a "dishonest state of mind." And since the Governor had been a vigilant Attorney General and prosecuted some Wall Street "bigs" for their dishonesty, I thought we would prevail.
I was wrong.
To download a copy of the Bill Summary, please use this link: S05360
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For our other blog posts on this topic, please use this link: Adverse Possession