Ownership The idea of ownership follows the idea of possession.

The ownership is the de jure recognition of the right over the property. Ownership is the subjective and objective. It signifies the externally and internally. The right of alienation is an essential characteristic feature of ownership. The concept of ownership is used in widest meaning. The owner has the right to consume, destroy and alienate with his free will. The residuary power is vested in the owner. Ownership is the guarantee of the law. Ownership without possession is right, unaccompanied by that environment of fact in which it normally realizes itself. Ownership strives to realize itself in possession. The ownership is left to seek proprietary remedies. The law of prescription determines the process by which, through the influence of time, ownership without possession withers away and dies. Transfer the ownership generally can be transferred by the way of convincing and registration in case of immovable properties and by way of delivery in case of movable properties. ! right in rem can be owned and possessed. "ut a right in personam can only be owned. Ownership is a matter of multiple rights. #$. %almond says &hereas ownership is strictly a legal concept.. 'ossession (irst the idea of possession came into existence in the human civilization. 'ossession is the de facto exercise of a claim over the property. 'ossession is the objective realization of ownership. It is the external significance of ownership.

This right is not seen in possession. The concept of possession is narrower in this sense. The possession has limited rights to consume, destroy and alienate. The residuary power is not given to possessor. 'ossession is the guarantee of the facts. 'ossession without ownership is the body of fact, uniformed by the spirit of right which usually accompanies it. 'ossession to )ndeavours to justify itself as ownership. The possessor is left with possessory remedies. The law of prescription determines the process by which, through the influence of time, possession without title ripens into ownership. Transfer the possession, comparatively, can easily be transferred. It does not re*uire conveyancing. ! right in personam can only be owned, and it cannot be possessed. &hereas possession in singular, but stronger. 'ossession is both a legal and a non+legal or pre+legal concept.

&hat is the difference between possession, ownership and title, !rticle-elated !rticles-elated %ervices

'ublish .ate !ug /#, 0/#0 Its probably safe to suggest that the key property rights include possession, ownership, and title is often indistinguishable and most people would never think of differentiating between the terms. (or example, possession and ownership connotes the same thing in everyday usage, however, it is when we view the different property concepts through legalese tinted glasses, is when distinctions will arise between possession, ownership, and title. Ownership in property law On a superficial level, we might not see too much of a variance between possession and ownership theyre both one of the same, aren t they, &ell, yesand no. %tarting off with perhaps the biggest distinction between possession and ownership, which is the idea of permanence with the term more generally associated with ownership. (urthermore, a person can have possession of something, but that does not mean that they have ownership. %o for example, if someone wants to borrow a pen from a workmate, sure the person has possession, but not ownership. "ecause possession of the pen is temporary, in this instance, the writer cannot claim ownership. 1owever, the most important part in this example is that the other person also has a better right to possession. &hat is interesting in regards to possession and ownership is that the law treats the two concepts in the same way. %o again using our pen analogy, we can see that if someone wrongfully interferes with the possession of the pen by wrongly, and directly interfering with this writer s right to possession, the writer can recover possession of the pen because of an existence of a better right to the property even in the absence of ownership. The example of the pen can also be extended to renting a property. 2es, the tenant has possession of the property, whilst the landlord temporarily gives up their rights of ownership. 1owever, the owner of the rental property still has residual rights, and can bring the lease to an end through various 3but legal4 means. Title to property The concept of title is usually affixed to property that is considered more valuable, such as a car or land. %imilar to ownership, title can also signify possession, and is often used interchangeably as well by most people. !nd very much like the use of ownership, the definition of title can mean more than just possession. 'erhaps the most obvious example of the legal use of title is the registering of property under the Torrens system, which is more than just evidence of ownership it is the basis of property rights

in !ustralian law. !lternatively, title can also refer to possessory title as well, and a person ac*uires possessory title when they take and possess a thing. It might seem like an exercise in semantics when attempting to distinguish between possession, ownership, and title, however, the differences may be minor in some respects, but there can be major conse*uences in how a person is able to exercise their property rights depending on their claim to the property. If you have any issues in regards to property rights, always seek the appropriate legal assistance.

Title 3property4 In property law, a is a bundle of rights in a piece of property in which a party may own either a legal interest or e*uitable interest. The rights in the bundle may be separated and held by different parties. It may also refer to a formal document such as a deed that serves as evidence of ownership. 5onveyance of the document may be re*uired in order to transfer ownership in the property to another person. Title is distinct from possession, aright that often accompanies ownership but is not necessarily sufficient to prove it. In many cases, both possession and title may be transferred independently of each other. (or real property, land registration and recordingprovide public notice of ownership information. In 6nited %tates real estate law, typically evidence of title is established through title reports written up by title insurancecompanies, which show the history of title 3property abstract and chain of title4 as determined by the recorded public recorddeeds78#9 the title report will also show applicable encumbrances such aseasements, liens, or covenants.809 In exchange for insurance premiums, the title insurance company conducts a title search through public records and provides assurance of good title, reimbursing the insured if a dispute over the title arises.8:9 In the case of vehicle ownership, a simple vehicle title document may be issued by a governmental agency. Title In 'roperty ;aw, a comprehensive term referring to the legal basis of the ownership of property, encompassing real and 'ersonal 'roperty and intangible and tangible interests therein7 also a document serving as evidence of ownership of property, such as the certificate of title to a motor vehicle. In regard to legislation, the heading or preliminary part of a particular statute that designates the name by which that act is known. In the law of Trademarks, the name of an item that may be used exclusively by an individual for identification purposes to indicate the *uality and origin of the item. In the law of property, title in its broadest sense refers to all rights that can be secured and enjoyed

under the law. It is fre*uently synonymous with absolute ownership. Title to property ordinarily signifies an estate in fee simple, which means that the holder has full and absolute ownership. The term does not necessarily imply absolute ownership, however7 it can also mean mere possession or the right thereof. The title of a statute is ordinarily prefixed to the text of a statute in the form of a concise summary of its contents, such as <!n act for the prevention of the abuse of narcotics.< Other statutes are given titles that briefly describe the subject matter, such as the <!mericans with .isabilities !ct.< %tate constitutions commonly provide that every bill introduced in the state legislature must have a single subject expressed by the bill=s title. 5ongress is under no such restriction under the 6.%. 5onstitution, but 1ouse and %enate rules do have some guidelines for federal bills and statutes. >any, though not all, federal statutes have titles. 6nder trademark law, if a publisher adopts a name, or title, for a magazine and uses it extensively in compliance with the law, the publisher may ac*uire a right to be protected in the exclusive use of that title. ! trademark of the title can only be ac*uired through actual use of the title in connection with the goods, in this example, the magazine. >erely planning to use the title does not give rise to legally enforceable trademark rights. 5ross+references Title Insurance7 Title %earch. &est=s )ncyclopedia of !merican ;aw, edition 0. 5opyright 0//? The @ale @roup, Inc. !ll rights reserved. title n. #4 ownership of real property or personal property, which stands against the right of anyone else to claim the property. In real property title is evidenced by a deed 3or judgment of distribution from an estate4 or other appropriate document recorded in the public records of the county. Title to personal property is generally shown by possession, particularly when no proof or strong evidence exists showing that the property is belongs to another, or that it has been stolen or known to be lost by another. In the case of automobiles and other vehicles title is registered with the state=s .epartment of >otor Aehicles, which issues a title document 3<pink slip<4 to the owner. 04 the name for one=s position in a business or organization, such as president, general manager, >ayor, @overnor, .uke. :4 the name for a legal case, such as )ugene 5han v. -unabout Taxi 5ompany, Inc. which is part of the <caption< of the case.