the other owner has occupied the property up until june of 2012, then he went to prison his half he has a loan out of 152,000 dollars. We have occupied the house since he went to prison paying all the bills but he has not made payments on his loan, or payed the taxes as promised. when he went to prison he signed over all assets he has excavator's and log trucks the house is worth over 425,000 and he owes at least 80,000 grand in contract with us from payments we previously made.? we were served with a summons from the bank. Does Adverse possesion apply?
You'll have to pay the loans because they used your house as collateral. Pay or lose the house. You can sue the other owner when he gets out of prison.
