Ads
related to: constructive possession vs actual possession texas form free printableA Must Have in your Arsenal - cmscritic
- Type Text in PDF Online
Upload & Type on PDF Files Online.
No Installation Needed. Try Now!
- Convert PDF to Word
Convert PDF to Editable Online.
No Installation Needed. Try Now!
- Make PDF Forms Fillable
Upload & Fill in PDF Forms Online.
No Installation Needed. Try Now!
- Write Text in PDF Online
Upload & Write on PDF Forms Online.
No Installation Needed. Try Now!
- Type Text in PDF Online
uslegalforms.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Constructive possession [1] is a legal fiction to describe a situation in which an individual has actual control over chattels or real property without actually having physical control of the same assets. At law, a person with constructive possession stands in the same legal position as someone with actual possession.
Possession can be obtained by a one-sided act by which factual control is established. This can take the form of apprehension (taking an object not in someone's possession) or seizure (taking an object in someone's possession). It can also be obtained through a two-sided process of handing over the possession from one party to another.
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 ...
For such items, possession is the simplest indication of title, unless the circumstances give rise to suspicion about the possessor's ownership of the item. Proof of legal acquisition, such as a bill of sale or purchase receipt, is contributory. The transfer of possession to a good faith purchaser will normally convey title if no document is ...
In many legal systems, there may also be constructive possession by attornment. The law relating to perfection of security interests by taking of possession can sometimes be confused with the law relating to the granting of security interests, which provides that the deposit of certain assets (usually documents of title) can amount to an ...
Possession and possession-based techniques are of little relevance to modern financial markets, but still play a substantial role in commercial and retail lending. [21] Therefore a chose in possession denotes not only the right to enjoy or possess a thing, but also the actual or constructive enjoyment of it. The possession may be absolute or ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.