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LSDefine

Simple English definitions for legal terms

bona fide possession

Read a random definition: power of sale

A quick definition of bona fide possession:

Bona fide possession means having control over something and using it as if it belongs to you, without knowing that someone else might claim ownership. It can refer to physical objects like a toy or a house, or to intangible things like a right to use someone else's land. Possession can be actual, where you physically have the thing, or constructive, where you don't physically have it but you have control over it. Possession can also be peaceful or hostile, depending on whether someone else is trying to take it away from you.

A more thorough explanation:

Bona fide possession means having or holding property in one's power and exercising control over it. It is the right to use and benefit from a material object exclusively. It is the detention or use of a physical thing with the intent to hold it as one's own. Bona fide possession is possession of property by a person who in good faith does not know that the property's ownership is disputed.

For example, if someone buys a car from a dealer in good faith, not knowing that the car was stolen, they have bona fide possession of the car. They have the right to use and benefit from the car exclusively until they find out that the car was stolen.

Bona fide possession is different from adverse possession, which is the possession of property that belongs to someone else, without their permission, for a certain period of time. Adverse possession can lead to ownership of the property, while bona fide possession does not.

bona fide perceptio et consumptio | bona fide purchaser for value

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triplethread
10:27
but snow we have the same stats. you'll be fine. i promise. if im this confident you should be too
Dkk
10:27
Only tiktok I will share cus I stay off that site.
I am sorry if you like it, but TikTok is fucking awful
LSDFan
10:28
tiktok is great
triplethread
10:28
i lub tik tok and reddit and instantgram
Dkk
10:29
Nah, lol I hate it @texas. I remember when it was music.ly too and you used to have music.ly cringe compilations.
babycat
10:29
I do not have tiktok either because it makes my brain unhappy
10:29
how come i didnt get fordham AGAIN
Yeah, shit is awful. I have friends who spend hours a day on it
m10
10:30
Sorry to hear @Eggan
BulbasaurNoLikeCardio
10:30
I think tik tok is evil and coming from a national defense background, working in PSYOP and in the intelligence community I can promise it is.
glovediedthisishismom
10:30
5318008 now look at it upside down ;)
snow
10:31
tik tok and youtube reals has fried my brain
babycat
10:31
@glovediedthisishismom: boobies!!!
so off topic but dude eggan the weather here in nyc is insane
babycat
10:31
@BulbasaurNoLikeCardio: I wonder if you know my local psyops guy
m10
10:32
@BulbasaurNoLikeCardio: Yeah but like half the general officers are compromised so we might as well just give this country to China already. The head of the JAG corps used to tell us how much he loved Tiktok and he was a 1 star. These people should be court martialed. I hope Trump follows through on that promise the most.
it was 80 degrees three days ago and now it's like pouring rain sleet and wind
babycat
10:32
@jackfrost11770: we all living the same weather. I’m abt to go to the gym
babycat
10:32
I’m listening to car seat headrest
it's the worst when the weather is this shit and there isn't even any snow like at least let it be aesthetic (although snow in nyc is the opposite of that)
snow
10:33
india ass band
10:33
checking in on Wake Forest. Y'all heard anything?
LSDFan
10:34
@m10 are you FLEP
m10
10:34
@LSDFan: nah lol, I am just using my GI Bill. I do not feel like going back.
LSDFan
10:34
good call
BulbasaurNoLikeCardio
10:34
@m10: 110% agree, china has a truly amazing HUMINT network and espionage skills that much of our military is infiltrated or committing willful negligence of duty in prevent and protection. @babycat: PSYOP is pretty small on the AD side but I left the community to go play with Apaches and drones in 2018/19
10:35
Daily check in , stay chillin
10:35
anyone touring hls today?
10:35
Same @m10
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