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Bill No. 36-0013 - An Act amending title 28 Virgin Islands Code, chapter 1, section 11 by increasing the time that a person must adversely possess a property before acquiring

Collection
Acts & Legislation
Sub-shelf
billtracking.legvi.org
Kind
Legislation
Date
2025-02-27
Pages
1
Text
Native Text
Identifiers
Bill 36-0013

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0013 Thirty-Sixth Legislature of the Virgin Islands February 27, 2025 An Act amending title 28 Virgin Islands Code, chapter 1, section 11 by increasing the time that a person must adversely possess a property before acquiring title and excluding certain property from being acquired by another person through a claim of adverse possession PROPOSED BY: Senator Franklin D. Johnson Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 28 Virgin Islands Code, chapter 1, section 11 is amended by striking 2 “15” and inserting “25” and striking “as against the Government” and inserting “against 3 Government owned property and property for which taxes are not more than two years in 4 arrears and are being paid by the owner of record”. …

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Document text

COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 36-0013 Thirty-Sixth Legislature of the Virgin Islands February 27, 2025 An Act amending title 28 Virgin Islands Code, chapter 1, section 11 by increasing the time that a person must adversely possess a property before acquiring title and excluding certain property from being acquired by another person through a claim of adverse possession PROPOSED BY: Senator Franklin D. Johnson Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 28 Virgin Islands Code, chapter 1, section 11 is amended by striking 2 “15” and inserting “25” and striking “as against the Government” and inserting “against 3 Government owned property and property for which taxes are not more than two years in 4 arrears and are being paid by the owner of record”. 5 BILL SUMMARY 6 This bill amends title 28 Virgin Islands Code, chapter 1, section 11 by increasing the 7 time, from 15 years to 25 years, that a person must adversely possess a property before 8 acquiring title and by excluding property for which taxes are not more than two years in arrears 9 and are being paid by the owner of record, from being acquired by another person through a 10 claim of adverse possession. 11 BR25-0131/February 3, 2025/GC 12