Actual possession definition
Examples of Actual possession in a sentence
Actual possession of the collateral by the creditor is not a prerequisite for the application of this Rule.
Actual possession entails ownership or physical control, whereas constructive possession is defined as knowingly exercising dominion and control over an object, even though that object may not be within one’s immediate physical possession.
Actual possession: the disseisor must physically use the land as a property owner would, in accordance with the type of property, location, and uses.
Actual possession by Buyer, and transfer of title and risk of loss of the Transferred Liabilities and Buyer’s assumption of the Assumed Contracts (if any), shall be deemed to occur effective as of 12:01 a.m. on the first day after the First Phase Closing Date, unless otherwise agreed by the parties in writing (the “First Phase Possession Date�).
Actual possession of the collateral by the creditor is not a prerequisite for the application of this rule.
Actual possession exists when a person is in immediate possession or control of explosive materials, and includes instances where a person knowingly has direct physical control over theexplosive materials at a given time.
Actual possession of the Premises shall be delivered to Buyer on the Closing Date by delivery of the deed, free and clear of claims of third parties to possession, except for tenants and occupants of the Premises under the Leases and otherwise as may be included in the Permitted Encumbrances.
Actual possession need not be established if the warehouseman acknowledges possession.
The university policies on plagiarism are very strict and will be enforced in this class.
Actual possession occurs when a person has direct physical control over the item.