The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LEGAL POSSESSOR Definition & Legal Meaning

Definition & Citations:

Legal entity with legal right to possess a property, yet, the legal owner, who is a different entity, retains title. A mortgagor-lessee-renter occupies a mortgaged property, having promised as loan collateral, and is legal possessor, retaining property redemption right.

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