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possessor
(redirected from possessory)

    Also found in: Dictionary/thesaurus 0.01 sec.
See: bearer, holder, lessee, lodger, occupant, proprietor, tenant

POSSESSOR. He who holds, detains or enjoys a thing, either by himself or his agent, which he claims as his own.
     2. In general the possessor of personal chattels is presumed to be the owner; and in case of real estate he has a right to receive the profits, until a title adverse to his possession has been established, leaving him subject to an action for the mesne profits. (q.v.)



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Escheat is a process wherein the state takes possessory interest in an owner or apparent owner's property and holds the property into perpetuity on behalf of the owner or apparent owner until it is claimed by the owner or the owner's heirs.
Eschew escheat: unclaimed property--or the "hidden tax"--is an old ... by Samore, John, III / California CPA
Jeb Bush has signed into law HB 201, clarifying notice requirements of a marina having a possessory lien on a vessel and giving boat owners time to take action.
Florida's wrecked boats may be removed by BOAT/U.S. Magazine
213) 626-3300 NA--Not Available (1) Total assessed values for 2005 include land, improvements, equipment, fixtures, natural resources and possessory interests.
Highest assessed properties: ranked by total assessed value by Nusbaum, David / Los Angeles Business Journal
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