the occupying of a property not by ownership but with the arrangement and the consent of the owner.
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POSSESSION EXCLUSIVE
the term for the exclusive of your own property with the claim to it.
POSSESSION HOSTILE
the term fro the possession of property by a person who denies anyone else’s rights or claims to it.
POSSESSION IS NINE-TENTHS OF THE LAW
an aphorism that implies to a person who claims title an possession of property must show good cause in ordered to get rid of an occupant.
POSSESSION NATURAL
a term that is used when a person physically occupies a property without having the title to it.
POSSESSION VACANT
the term given to property that has been abandoned and vacated by a person who had possession of it.
POSSESSION VAUT TITRE
Fr. In English law , as in most systems of jurisprudence , the fact of possession raises a prima facie title or a presumption of the right of property in […]
POSSESSION WRIT OF
an order of the court that grants a person’s right to take over and occupy property being occupied by another person.
POSSESSOR
One who possesses; one who has possession.
POSSESSOR BONA FIDE
the person who occupies property with the conviction that he is the rightful owner.
POSSESSOR MALA FIDE
a person who occupies and controls property as if he were the title holder but knows that he is not.
POSSESSORY
Relating to possession; founded on possession; contemplating or claiming possession.
POSSESSORY ACTION
An action which has for its immediate object to obtain or recover the actual possession of the subject-matter ; as distinguished from an action which merely seeks to vindicate the […]
POSSESSORY LIEN
A claim which can be enforced in case the lienor has possession of the goods of the lienee. For instances, agents, bankers or carriers can exercise possessory lien .
POSSIBILITAS
Lat Possibility ; a possibility. Possihilitas post dissolutionem exccutionis nunquam rcviviscatur, a possibility will never be revived after the dissolution of its execution. 1 Rolle. 321. l’ost crceutionem status, lex […]
POSSIBILITY
An uncertain thing which may happen. A contingent interest in real or personal estate. Kinzie v. Winston, 14 Fed. Cas. 651; Bodenhamer v. Welch. 89 N. C. 78; Needles v. […]
POSSIBILITY OF ISSUE EXTINCT
a term that describes a woman that no matter what age she is able to bear children and a conclusion cannot be made legally that there will be no children.
POSSIBILITY OF REVERTER
the possibility that an estate will be returned back to the grantor if an event occurs in the future.
POSSIBLE
Capable of existing or happening ; feasible. In another sense, the word denotes extreme improbability, without excludiug the idea of feasibility. It is also sometimes equivalent to ” practicable ” […]
POST
Lat. After; occurring in a report or a text-book, is used to send the reader to a subsequent part of the book.
POST AUDIT
A contrast of the realized income that was brought in by a project as well as the income which was projected during project appraisal .
POST BID SHOPPING
When a prime contractor negotiates with different trade contractors in order to purchase goods or services at a lower cost, which are to be used to perform a contract that […]
POST CLOSING TRIAL BALANCE
A trial balance which is created once all of the entries have been posted in to their respective accounts. The main purpose of the creation of a trial balance is […]
POST CONQUESTUM
After the Conquest. Words inserted in the king’s title by King Edward I., and constantly used in the time of Edward III. Tomlins.
POST CONSUMER MATERIALS
Materials such as plastics, paper, etc. which are generally recovered from thrown away household products or industrial waste.