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what is difference between possession and ownership

Posted by Sandip Limbu 4 years, 10 months ago

CBSE > Class 11 > Legal Studies

1 answers

Yogita Ingle 4 years, 10 months ago

Ownership	Possession
Ownership involves the absolute rights and legitimate claim to an object. It means to own the object by the owner.	Possession is more the physical control of an object. The possessor has a better claim to the title of the object than anyone, except the owner himself.
Ownership is the right of the owner against the world indefinite in point of the user, unrestricted in point of disposition or destroying and unlimited in point of duration over a thing	As per the definitions, it is the continuous exercise of a claim to exclusively possess and use the object/thing.
Ownership itself gives the owner the right to possession.	However, it does not indicate the right to ownership.
The transfer of ownership is a technical and long process and involves conveyance	Transfer of possession is fairly easier and less technical.
Ownership is essentially a bundle of rights, all rights in rem.	It is not a right, just a prima facie evidence of ownership

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