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Vacant property refers to real estate that is unoccupied and has no tenants or residents currently living or using the space. This can include land, residential homes, commercial buildings, or any structure that is not actively being utilized for its intended purpose. Vacant properties can result from various circumstances, such as foreclosure, economic downturns, or owner decisions to leave the property unused. They can also be potential sites for development, investment opportunities, or renovation projects. In some cases, vacant properties may fall into disrepair or become targets for vandalism or squatting, leading to concerns about maintenance and safety. Local governments may have regulations concerning the upkeep and oversight of vacant properties to mitigate these risks.
Authorities have apprehended four individuals who were discovered squatting in an abandoned furniture store in Colorado Springs. The incident occurred when concerned viewers contacted 11 News to report a significant…