TAKES POSSESSION Meaning and
Definition
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To "take possession" refers to the act of acquiring control or ownership of something. It involves assuming physical control or having legal authority over a person, place, object, or concept. This term is most commonly used in legal or real estate contexts, suggesting the transfer of rights from one party to another.
In legal terms, taking possession typically relates to the exercise of one's legal rights to acquire, possess, or hold property. It often involves the actual physical control or occupancy of the property, indicating the ability to exercise control or authority over it. Taking possession may occur through various means, such as purchasing, inheriting, renting, or receiving property as a gift. It implies that the person gaining possession now has the right to use, enjoy, and dispose of the property as they see fit, within legal limits.
In real estate, taking possession typically refers to the process of assuming control over a property after completing a sale or lease agreement. This may entail physically entering the property, making any necessary arrangements for maintenance, utilities, or renovations, and assuming responsibility for the property's well-being. It is an essential step in completing a real estate transaction, as the buyer officially gains control and ownership of the property while the seller or previous occupant relinquishes their rights.
Overall, taking possession implies the act of acquiring control, authority, or ownership over something, either through legal or physical means.
Common Misspellings for TAKES POSSESSION
- take poasession
- take possesion
- take possesson
- take possession
- rakes possession
- fakes possession
- gakes possession
- yakes possession
- 6akes possession
- 5akes possession
- tzkes possession
- tskes possession
- twkes possession
- tqkes possession
- tajes possession
- tames possession
- tales possession
- taoes possession
- taies possession
- takws possession
Etymology of TAKES POSSESSION
The word "takes" originated from the Old English word "tacan" which means "to capture" or "to grasp". It can also be traced back to the Old Norse word "taka" with a similar meaning.
On the other hand, the word "possession" has Latin roots. It comes from the Latin word "possessio", which means "the act of possessing" or "the state of being owned". It further traces back to the Latin verb "possidere", which can be broken down into "potis" meaning "able, capable" and "sedere" meaning "to sit" or "to be".
When combined, the phrase "takes possession" refers to the act of acquiring or acquiring control over something or someone.
