Potential squatters in the area of the prospect property

Alexandoy

VIP Contributor
One problem in our country’s real estate is the potential presence of squatters. Now you see the vacant lot that you close the deal But after a month or so you will be surprised to see a shanty where a family is living. Worse, the shanty will multiply. What’s the catch? You have to pay those squatters in order to evict them.

The defense of lot owners is to build a fence so that it would be obvious that trespassing is not allowed. If a shanty is built then the owner of a fenced lot can legally evict the squatter and even have them jailed. I am posting this issue for those who are investing on land especially in the rural area where peace and order can be compromised by bad people and criminals.
 
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