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The right of possession is a right of a person who currently holds property in hand or under their control to retain such possession, or alternatively for another person who claims superior title or right to possession of the property.
Then, the Statute of Uses operates to execute the use and annexe the possession. [2] Being thus in possession, the bargainee or lessee is capable of receiving a release of the freehold and reversion, made to the bargainee in possession; and, accordingly, the next day a "release" is granted to him by the bargainor. [3]
Possession of a thing for long enough can become ownership by termination of the previous owner's right of possession and ownership rights. In the same way, the passage of time can bring to an end the owner's right to recover exclusive possession of a property without losing the ownership of it, as when an adverse easement for use is granted by ...
Equitable estates: neither ownership nor possession. Future interests — interests in real or personal property, a gift or trust, or other things in which the privilege of possession or of enjoyment is in the future and not the present reversions; possibilities of reverter; powers of termination, also known as rights of reentry for condition ...
However, most releases are much more detailed in the recitation of what is being released and the extent of the release (where it is valid, when it become valid if there are conditions on its validity, the amount of consideration if it is substantial) and they are either copied and modified as necessary from various form books or drafting manuals used by lawyers or are preprinted forms that ...
In property law, the American rule of possession states that a landlord is obligated only to deliver legal possession, but not actual possession, of a leased premises to a tenant. Thus, if a tenant arrives at a leased premises only to discover that it is still inhabited by a previous tenant who is holding over, or by squatters, it is the tenant ...
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Whether or not the distress was levied for rent or for livestock damage feasant, the owner of the animals could obtain their release by giving "gage and pledge" – a form of security that the damage would be made good. One peculiarity of distraint lay in the fact that the distrainor did not get any form of legal possession.
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