The Rule of First Possession - Explained
Methods of Acquiring an Ownership Interest in Property
Written by J. Mance Gordon
Updated at April 19th, 2024
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How to Acquire Ownership of Property Through Possession?
Rule of First Possession - The first person to reduce previously un-owned things to her possession becomes its owner. In reality, there are few things that have never been previously possessed or owned.
- Example: An individual may obtain ownership of real property through original entry or title by occupancy. This is where the government grants ownership rights in land to individuals willing to settle or claim a stake in the land. This rule was important during the founding and colonizing of the United States.
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