LAS VEGAS – If you’ve lived in Las Vegas for any length of time you know that we have a problem with squatters and this is thanks in large part to the collapse of the Real Estate market in 2007 which resulted in many foreclosures in Las Vegas.
Even though the Real Estate market nationwide is back on track we still have a problem with squatters in Las Vegas due to distressed or foreclosed home. Thankfully a recent partnership with the police, Greater Las Vegas Association of Realtors (GoldenWest Management is a member!) and the City of Las Vegas is going to take steps to solve this problem.
A Partnership That Makes Sense
There’s no denying that a partnership with GLVAR and the police makes sense because Realtor’s® and Property managers are many times the first people who visit homes and it’s not uncommon for us to encounter squatters or damage to a home before the authorities become aware of it.
Thankfully with this partnership a Realtor® can contact the LVPD immediately and notify them that a squatter is living in a home so the police can head out to that property and start taking steps to remove the squatter.
A Criminal Offense
Thanks to Assembly Bill 386 it’s now a criminal offense for a squatter to re-enter a home that they have been previously removed from.
Realtors, Las Vegas property managers and homeowners are optimistic that this partnership between GLVAR, police and the City of Las Vegas will finally do something to solve the problem with squatters in the city because right now there are over 3,000 vacant or distressed homes in Las Vegas and that number is only expected to rise in 2016.
The Greater Las Vegas Association of REALTOR® (GLVAR) is a 12,500 member organization whose agents are often charged with listing and selling these homes. According to GLVAR President Keith Lynam, when real estate agents go to inspect the property, they find some of the homes are illegally occupied.
“More often than not, people inhabiting these dwellings are in the homes without the owner’s permission, they are not paying rent and they are engaged in some kind of criminal activity”, Lynam said. “In some cases, the unlawful occupants may claim to have leases, but in reality, the leases were most likely fraudulently given by someone claiming to either own the property or be a representative of the property owner.”
Get Las Vegas Property Management
GoldenWest Management is dedicated to working with our local law enforcement as well as GLVAR so that we are at the forefront of this issue. If you are self managing, would you have known about how to cure a problem like this? To get more information about Las Vegas Property Management contact Goldenwest Management today by clicking here or calling us at (702) 685-7696.