Joint Possession
/ˈdʒɔɪnt pəˈzɛʃən/
Definitions
- (n.) The shared occupancy or control of property or goods by two or more persons simultaneously, each having a right to possess the whole.
The married couple held joint possession of the family home.
- (n.) Coherent possession of an item or property where multiple parties have legal or equitable interests recognized by law.
Joint possession can affect the division of assets during a legal dispute.
Forms
- joint possession
Related terms
See also
Commentary
Joint possession often requires clarity in agreements to define the extent and nature of each party's rights and responsibilities to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.