Business, Legal & Accounting Glossary
n. occupancy of a piece of real property coupled with a claim of ownership (which may be implied by actions, such as putting in a fence) over anyone, including the holder of recorded title. It may be an element of gaining title through long-term adverse possession or claiming real estate which has no known owner.
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This glossary post was last updated: 28th April, 2020 | 1 Views.