Choose In Possession

Definition of "Choose in possession"

Property held by an individual, such as furniture.

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Related Real Estate Glossary terms

Corporation Sole

Corporation having only one person, A corporation sole is primarily used for the purposes of a nonpr ...

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Written agreement in which the lessee pays rent to the lessor for the use of real property for a sta ...

1034/121 Rolldown

Combination of IRC 1034 and 121 dealing with the sale of a personal residence with the once-in-a-lif ...

Guest Law

Legal right of a passenger in an automobile involved in an accident to bring a liability suit agains ...

Beveled Siding

See clapboard. ...

Life Expectancy

Probability of one's living to a specific age according to a particular mortality table. Life expect ...

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FAQ

What are discount points? What is a loan-to-value (LTD) ratio? Besides making my monthly mortgage payment, how can I build equity into my house? What does Travel Insurance Typically Cover? What is a proration?