Possessory estate
Term · Law · MLC-T-LAW-003806
An interest in land that grants the holder the right to present possession and use of the property. These estates can be freehold, such as a fee simple or life estate, or non-freehold, such as a leasehold. The type of possessory estate determines the duration and extent of the holder's rights to occupy and control the land.
| Identifier | MLC-T-LAW-003806 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003806",
"term": "Possessory estate",
"field": "Law",
"definition": "An interest in land that grants the holder the right to present possession and use of the property. These estates can be freehold, such as a fee simple or life estate, or non-freehold, such as a leasehold. The type of possessory estate determines the duration and extent of the holder's rights to occupy and control the land.",
"url": "https://mlchart.com/terminology/law/possessory-estate/"
}
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