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Jemshah
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Asked: 2022-12-29T04:24:45+00:00 In:

In relation to the law of property, explain two differences between ownership and possession. (2 marks)July 2020

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In relation to the law of property, explain two differences between ownership and possession.(2 marks)July 2020

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  1. Enlightened
    1. Ownership involves legal rights: One difference between ownership and possession is that ownership involves legal rights, while possession does not. Ownership confers certain legal rights, such as the right to use, occupy, sell, or dispose of the property, and these rights are recognized and protected by the law. In contrast, possession does not necessarily involve any legal rights, and it is generally seen as a physical control or occupation of the property.
    2. Ownership involves an interest in the property: Another difference between ownership and possession is that ownership involves an interest in the property, while possession does not. Ownership is an interest in the property itself, which can be held by an individual or a group of individuals, and it is generally considered to be a more permanent and comprehensive right than possession. In contrast, possession is a temporary or transient right that may be held by an individual or group of individuals, and it generally does not involve any interest in the property itself.
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