|
Interest in possession |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Interest in possessionThe legal right to receive income from, or occupy, trust property.Similar MatchesPossessionPossessionWhen a buyer signs the papers and receives the keys to the house, they officially take possession. Adverse possessionAdverse possessionThe acquisition of title to property through possession without the owner's consent for a certain period of time. Possessions corporationPossessions corporationA type of corporation permitted under the US tax code whose branch operation in a US possession can obtain tax benefits as though it were operating as a foreign subsidiary. Debtor in possessionDebtor in possessionA firm that continues to operate under the Chapter 11 bankruptcy process. Notorious PossessionNotorious PossessionA requirement for adverse possession. Possession so open (notorious) that the owner is presumed to have notice of it and its extent. Further Suggestionspersonal possessionsDebtor in possession financing Unity Of Possession Repossession |
|
|
|