11:44
that sucks :(
Warning
Info
LSDefine
Simple English definitions for legal terms
immediate possession
Read a random definition: ex warrants
A quick definition of immediate possession:
Immediate possession means having control over something and being able to use it exclusively. It can refer to physical possession of an object or property, or the right to control it. It is different from ownership, which is the legal right to possess and control something. Immediate possession can be acquired directly or personally, without the need for intermediaries. It is an important concept in property law and can have legal consequences, such as evidence of ownership or the ability to claim adverse possession.A more thorough explanation:
Immediate possession refers to the direct or personal acquisition or retention of something. It is the exercise of control over property to the exclusion of all others. This means that the person who has immediate possession has the right to use and benefit from the property.
For example, if you buy a car and take possession of it immediately, you have immediate possession of the car. You have the right to use it and exclude others from using it without your permission.
Another example is when a tenant rents an apartment. The tenant has immediate possession of the apartment and can use it exclusively during the lease term.
Immediate possession is different from constructive possession, which is control or dominion over property without actual possession or custody of it.