Posession in United States

Posession 

Posession is the fact of occupation or use of an object without regard to the legal right to do so. Thus posession is either rightful or wrongful. Rightful posession is one of the rights of property (q.v.), namely the right of use or usus. The right of property consists in the absolute and exclusive control of the object and  includes the rights of usus, use, abusus, abuse, and fructus, fruits, that is all that grows thereon. Posession is the right of usus i.e. to enjoy and dispose of an object or right.

Field  Furniture Co. v. Community Loan Co., 257 Ky. 825, 79 S.W.2d 211, 215.

Prescription / Statute of Limitations |Verjährung

See: statute of limitations.