act of possession

act of possession.

1. The exercise of physical control over a corporeal thing, movable or immovable, with the intent to own it.

2. Conduct indicating an intent to claim property as one’s own; esp., conduct that supports a claim of adverse possession. [Cases: Adverse Possession 14–26. C.J.S. Adverse Possession §§ 30–47.]

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词条贡献者

译者Virginia，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，擅长翻译各种与私募股权融资相关的法律文件。