[rogov]

My American university has bought property in this manner. There were several old houses on the fringes of the campus with elderly owners. The university bought the properties years ago, but the owners continued to live in them until they died. Once the property transferred, the university bulldozed the houses to build new research facilities.

[waqf]

Usually in this situation the university becomes the landlord and the inhabitants are protected just under the usual tenancy and eviction laws.

[thomnottom]

You forgot to add "under mysterious circumstances".