Difference between Ownership and Possession || Jurisprudence ||
Difference between Ownership and Possession in Jurisprudence.
In this article, we are going to discuss the key difference between the ownership and possession in a table form and easy way, that can help you to better understand.
Let’s begin.
Sr. No. | Ownership | Possession |
1. | Ownership is an absolute authority over the property. | Possession is physical control over the property. |
2. | It holds unlimited and uncontrolled rights over the property. | It is a limited concept of right. |
3. | It is a union of ownership and possession | It is a single concept giving no right of ownership. |
4. | It is a de jure concept. | It is a de facto concept. |
5. | Ownership right is a wider concept. | Possession is a right of consumption only. |
6. | It is a perfectly legal right. It shows legal situation. | It is a possessory right only. It shows real position. |
7. | Transfer of ownership is not an easy process, but it needs legal or formal procedures, prerequisites of registration. | Possession is a comparatively easy process and practically no need to register and such formalities like ownership. |
8. | It has no technical obstructions to transfer. | It faces the technical obstacles for transfer. |
9. | Ownership cannot be carried out practical use in the absence of possession. | Possession may be a ground for the ownership as well. |
10. | It consists the bundle of rights and all the rights are right in rem. | It is prima facie a proof or evidence of ownership. |
11. | It is a guarantee by the law. | It is a physical control over it. |
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