This is a good use of the law. A man claims a $330k Texas house for $16. [View All]

http://www.ksla.com/story/15090178/man-claims-house-for-16-as-neighbors-accuse-him-of-squatting

Using a little known Texan law known as adverse possession.

The home was in foreclosure for more than a year, then the mortgage company went bust.

That allowed Kenneth Robinson to claim the property, using an online form he printed out and filed he claimed ownership of the property at the Denton County Courthouse for a cost of $16.

Robinson has set up camp in the living room, which now affords him exclusive negotiating rights with the original owner. If the owner wants him out, the owner would have to pay off his massive mortgage debt. The now bust bank would also have to file a complicated lawsuit. If this unlikely chain of events does not happen, after 3 years the house becomes his. He gets the full title.