|
|
Unity Of Possession |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Unity Of PossessionIn joint tenancy, the joint tenants must have equal rights to posesion.Unity Of Possession Similar MatchesNotorious PossessionNotorious PossessionA requirement for adverse possession. Possession so open (notorious) that the owner is presumed to have notice of it and its extent. Debtor in possession financingDebtor in possession financingNew debt obtained by a firm during the Chapter 11 bankruptcy process, Federal Bankruptcy Rule 4001 (c)(1). This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims. Adverse possessionAdverse possessionThe acquisition of title to property through possession without the owner's consent for a certain period of time. Personal possessionsPersonal possessionsThe personal possessions of a deceased person which pass to the beneficiary or beneficiaries of the residue of estate unless otherwise stated in the will. Debtor in possessionDebtor in possessionA firm that continues to operate under the Chapter 11 bankruptcy process. Further SuggestionsPossessions corporationPossession Repossession interest in possession |
|
|
|