possessory interest


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possessory interest

n. in real estate, the intent and right of a person to occupy and/or exercise control over a particular plot of land. A possessory interest is distinguished from an interest in the title to property, which may not include the right to immediately occupy the property. Example: a long-term lease. (See: real property, possess, possession)

References in periodicals archive ?
As Pratt refused to consent to the seizure of his phone or voluntarily disclose its contents, his possessory interest was never diminished.
As both the surviving spouse and the children have a possessory interest in the real estate, they hold a tenancy in common.
Here, Pratt didn't diminish his possessory interest in the phone.
He also said he relinquished a paper copy of his expired driver's license to the clerk, which he said in briefs constituted "an agreement wherein [he] enjoyed at least a possessory interest in the gasoline at all relevant times."
(11) The parties to the action include not only the owners entitled to a possessory interest, but also all parties who may have rights impacted by the decision.
Under the HEAR Act, the limitation period applying to claims for Holocaust-looted art across the United States is six years from the time a claimant discovers the identity and location of the artwork and the claimant's 'possessory interest' therein.
In September 2013, the National Park Service reached an agreement with the piers private owner on the possessory interest value of the structures, which included the pier, pier house, and parking lot.
claim of a superior possessory interest to that of Yale University under
In the ruling, the judge also wrote that there was "no meaningful interference" in the account holder's "possessory interest" in the data sought in the warrant, Reuters reported Sunday.
Over the years, Curry built a number of facilities within Yosemite, including The Ahwahnee Hotel and Curry Village (a campsite leading to Half Dome) in which Curry claimed it had an exclusive possessory interest. Drawing on Park history for inspiration, Curry used, and in some cases registered, several trademarks and service marks associated with its Park operations, including "THE AHWAHNEE" for its hotel and restaurant services.