possession definition

possession

Dominion over, and exclusive control and use of, a material object or property resulting from the fact of holding it (whether rightly or wrongly) in one's power. Possession is said to be the “nine-tenths of the law” and is a prima facie evidence of ownership-good against any other claim, except that of the legal owner. It may mature into legal ownership due to passage of time, as in adverse possession.

possession is in the Corporate, Commercial, & General Law subject.

possession appears in the definitions of the following terms: inventory in transit, leasehold estate, hostile possession, non-disturbance agreement, tenancy by the entirety, buying on margin, derivative possession, livery, lease, vested in interest and

possession appears in the other terms: constructive possession, fee simple absolute in possession, quiet possession, chose in possession, mediate possession, naked possession, vested in possession, actual possession, adverse possession, notorious possession and

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