Squatters “Hold Houses Ransom”
November 18th, 2008
Many weird stories have popped up at a result of the real estate bust, but none stranger than this recent item from California's Riverside Press-Enterprise.
A character named King Solomon II is filing deeds of sale on foreclosed homes and then renting them out to other people. This is a big problem when the actual owners want to move in. They've got to evict the renters from their house.
King Solomon II, meanwhile, is claiming through his niece that he lives in a sovereign nation (Nevada) and refuses to pay taxes or homeowner's association fees.
The case illustrates how relatively easy it is to file a claim of ownership.
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