Answers ( 2 )

  1. Hi Noor,

    Languages can be very confusing sometimes. But personally for me, English becomes the most confusing language at times. And I’m sure it confuses you too when it comes to similar-sounding terms like ‘ownership’ and ‘possession’. Many of us confuse them as synonyms for each other but there is a huge difference between ownership and possession from the perspective of law. So, do not worry, I will help you understand the difference between the two with all the knowledge I have about them.

    Ownership can be defined as the relationship between a property and a person. It includes the rights of possession, disposition, and destruction.

    While possession can be defined as the power a person has over a property that excludes other people from using or controlling the property.

    Difference between ownership and possession

    I will help you distinguish between possession and ownership with the following table:

    Ownership Possession
    As suggested by the name, ownership means to own an object. The owner has a legitimate claim over the property. Possession has more power over it. The possessor has a beer claim over the property as compared to anyone else.
    The owner has unrestricted ownership of the property in terms of disposition and unlimited ownership in terms of duration. Possession is a continuous and exclusive exercise of claim, this is a limited concept.
    Through this, there is absolute authority over the property. Through possession, there is more physical authority on property.
    It includes both ownership and possession. It is a singular concept.
    Ownership is said to be a de jure concept and is wider in nature Possession is said to be a de facto concept and includes only the consumption right.
    It is a legal right. It is only considered to be a possessory right.
    Transfer of ownership is a complex process. Transfer of possession is an easy process.
    Ownership is a guarantee over a property by law. Possession is considered physical control over a property.

    I hope now you clearly understand the difference between ownership and possession.

    Get end-to-end legal assistance in finalising your dream home with NoBroker’s Legal Services.

    Click here to check out amazing properties near your area at the most affordable prices at NoBroker.

    Read More:

    How to Transfer Ownership to a Child?

    How to get an Ownership Certificate?


    Book Best Packers & Movers with Best Price, Free Cancellation, Dedicated Move Manager

    Get Rental Agreement With Doorstep Delivery, Super Quick & Easy

    This is third

    This is third

    This is fourth

    This is fourth

    This is fifth

    This is fifth

    This is six

    This is six

    This is seven

    This is seven

    This is eight

    This is eight



  2. As Sobha rightly said, people often get confused with the terms “ownership” and “possession”. But I want you to know that they’re different concepts and have different meanings. The concept of property has existed for centuries. It has undergone a significant transformation over the years, and possession and ownership combine to complete the “property” definition. That’s why you should understand the meaning and difference between possession and ownership if you want to understand the term “property”.

    Check Property Title Easily to View the Ownership Details with the Help of NoBroker’s Legal Experts!

    Find a Variety of Affordable and Beautiful Properties on NoBroker  

    Possession and Ownership Difference

    The main difference between possession and ownership is that ownership is a right by which something belongs to somebody whereas possession is having physical control or custody of an object.

    Ownership

    When somebody has legal rights over a property, we can say that they own it. Ownership is the right that grants an object to a person in a manner that the thing belongs to that individual. Ownership can be considered as a fact that one can prove through the property title.

    Possession

    Possession can be defined as physical control or custody of any object. Possession isn’t the same as ownership. A criminal might be in ownership of the stolen money or property that belongs to someone else.

    Difference Between Possession Vs Ownership

    Possession Ownership
    Possession is the act, right, or state of having physical custody or/and controlling something Ownership is the act, right, or state of owning something
    Possession does not give the right to ownership Ownership gives the right to possession
    Possession can be given to someone else Ownership is always with the property’s owner
    Posession can be classified as criminal, constructive, actual, etc. Ownership can be classified as common, collective, and private
    Possession is evidence of ownership. Ownership is an absolute right.
    Possession is the guarantee of the fact. Ownership is the guarantee of the law.
    Possession is related to a fact. Ownership is related to a right.
    Possession doesn’t include ownership. Ownership includes possession.
    Possession excludes others except for the owner. Ownership excludes interference.
    Possession is developed with civilisation. Ownership is developed on possession.
    Possession offers possessory remedies. Ownership offers proprietary remedies.

    Related Answers:

    How to check property ownership online in Delhi?

    How to check property ownership online in Maharashtra?

    How to check property ownership online in India?

    What is the difference between fit out possession and offer of possession

    I hope you unde difference between possession and ownership.

     


    Book Best Packers & Movers with Best Price, Free Cancellation, Dedicated Move Manager

    Get Rental Agreement With Doorstep Delivery, Super Quick & Easy

    This is third

    This is third

    This is fourth

    This is fourth

    This is fifth

    This is fifth

    This is six

    This is six

    This is seven

    This is seven

    This is eight

    This is eight



Leave an answer

Questions for you