Right Of Possession
The right of possession means that someone currently holds something in hand and this person may be the temporary keeper or the long-term owner of an object.
This term is most commonly used in regards to property and is a land-backed asset. This legal tradition holds that whoever occupies property and uses it for its social function has the right to possess it.
Read more about Right Of Possession: Examples
Famous quotes containing the word possession:
“It is one thing to show a man that he is in an error, and another to put him in possession of the truth.”
—John Locke (1632–1704)