Crest Properties had just bought a 3,100-square-foot house at 1614 Meadowlark Landing Drive in the Lawing Pond neighborhood in Charlotte, N.C.
The subsidiary of Indianapolis-based Timberstone Homes had planned to renovate, and then sell, the 4-year-old home. With the home-construction industry suffering, Crest has been buying up unsold homes of other builders and fixing them up.
The Meadowlark house was one of those purchases, and, after Crest bought it, the company gave the key to a contractor to start renovations.
But when the contractor went to the home on August 30, an odd thing happened: The key wouldn’t work, said Curtis McCurry, division manager for the Charlotte office of Timberstone.
Tagged with: Adverse Possession
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