Adverse Possession Law
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Adverse possession - In real estate common law, adverse possession is a means of acquiring title to another's real property without compensation, by, as the name suggests, holding the property in a manner that conflicts with the true owner's rights.
Debtor in possession - A debtor in possession, in the United States bankruptcy law, is a person who is bankrupt, but remains in possession of property upon which a creditor has a lien or similar security interest. Under certain circumstances, the debtor in possession may be able to keep the property by paying the creditor the fair market value, as opposed to the contract price.
Constructive possession - Constructive possession is a legal fiction to describe a situation where 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 a person with actual possession.
Adverse - Adverse or adverse interest, in law, is a anything that functions contrary to a party's interest.
adversepossessionlaw
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