possessory interest
possessory interest see interest 1

Merriam-Webster’s Dictionary of Law. . 1996.

possessory interest
n.
The right to possess property, i.e., to occupy it or control it and to exclude others from it.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


possessory interest
In real estate, the right of a person to occupy and/or exercise control over a particular plot of land; distinguished from an ownership interest. For example, a tenant with a long term lease has a possessory interest, but not an ownership interest.
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.


possessory interest
n. The right to control a property and to exclude others for the present, exercised by one who is not necessarily the owner. A current or future exclusive right to possession and use of a property.

Webster's New World Law Dictionary. . 2000.

possessory interest
n.
   in real estate, the intent and right of a person to occupy and/or exercise control over a particular plot of land. A possessory interest is distinguished from an interest in the title to property, which may not include the right to immediately occupy the property. Example: a long-term lease.
   See also: possess, possession, real property

Law dictionary. . 2013.

Look at other dictionaries:

  • possessory interest — A temporary, qualified property in the things of which the mere possession is delivered to a person. 8 Am J2d Bailm § 71 …   Ballentine's law dictionary

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • Possessory — Pos*sess o*ry, a. [L. possessorius: cf. F. possessoire.] Of or pertaining to possession, either as a fact or a right; of the nature of possession; as, a possessory interest; a possessory lord. [1913 Webster] {Possessory action} or {Possessory… …   The Collaborative International Dictionary of English

  • Possessory action — Possessory Pos*sess o*ry, a. [L. possessorius: cf. F. possessoire.] Of or pertaining to possession, either as a fact or a right; of the nature of possession; as, a possessory interest; a possessory lord. [1913 Webster] {Possessory action} or… …   The Collaborative International Dictionary of English

  • Possessory suit — Possessory Pos*sess o*ry, a. [L. possessorius: cf. F. possessoire.] Of or pertaining to possession, either as a fact or a right; of the nature of possession; as, a possessory interest; a possessory lord. [1913 Webster] {Possessory action} or… …   The Collaborative International Dictionary of English

  • possessory — Relating to possession; founded on possession; contemplating or claiming possession possessory action @ possessory claim The title of a pre emptor of public lands who has filed his declaratory statement but has not paid for the land @ possessory… …   Black's law dictionary

  • possessory — pəˈzesərē, pōˈ , ˈses , ri adjective Etymology: Late Latin possessorius. from possessus (past participle of possidēre to possess) + orius ory more at possess 1. a. : of or relating to possession or a possessor : constituting or having the nature… …   Useful english dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • interest in property — In the broader sense of the term, ownership of a particular property, whether of the full or a lesser interest. More precisely, a right in or to property which is less than ownership or title, 29A Am J Rev ed Ins § 825. A right less than an… …   Ballentine's law dictionary

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