Difference between transfer of property and possession
Answers
Answer:
A transfer of ownership occurs when all of the rights and interests in the things that the transferor owns are freely given to the transferee. Additionally, the identified immovable property must always be the sale's subject matter. This requires that there be no question as to the property's identification. st.
Explanation:
Possession of the transfer of property
Both possession and ownership are rights that come with the property, but ownership is fundamentally more valuable. Even if a person may not be in close proximity to his or her property, ownership still remains. However, because the owner has a superior title to anybody else, the item still primarily belongs to him or her. Possession is only an expression of a claim to the property and an objective realization of ownership. In this sense, it may be claimed that ownership does not follow possession but rather that possession follows ownership. True, having possession is proof of ownership, but in many instances, a person may be in possession of property with a fictitious or fraudulent title.
things must be determined. For instance, a renter may be in possession of a house that is being rented out, but the landlord is the real owner and holds a greater title to the property than the tenant.
When someone has possession of something, he or she has an exclusive right on it and is able to prevent others from exercising the same or comparable rights on it. However, as ownership is absolute and unconditional as opposed to possession, which is conditional, these rights may be exercised by a person if he is the owner of that property and the possessor does not own the property.
In addition to possessory rights, like the ability to use the property, ownership also confers proprietary rights, such the ability to sell or transfer the property to another party. However, possession only confers possessory rights and not proprietary rights. Because of this, it is harder to transfer something when it is owned than when it is only in your possession.
learn more about it
https://brainly.in/question/8505889
https://brainly.in/question/1189898
#SPJ3