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LSDefine

Simple English definitions for legal terms

bona fide possession

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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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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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