- Peaceable possession
Peaceable possession is a concept used by
realtor s in theReal estate business and bylawyer s andparalegal s inReal property law . It actually refers two possiblecovenants ,contract promise s, orwarranties .When referring to
title toreal property ,Quiet title is used to refer to the newowner 's peaceable possession.Title , orownership , also includes possession, but is a greaterproperty right than the latter. Therefore, peaceable possession may also refer to atenant 's, orlessee 's, warranty ofQuiet enjoyment , or require such for a quiet title action. [ [http://www.answers.com/topic/peaceable-possession?cat=biz-fin Answers.com web site] ]It is defined as, "in real estate, holding property without any adverse claim to possession or title by another." [ [http://dictionary.law.com/default2.asp?selected=1482&bold=%7C%7C%7C%7C Law.com dictionary] ]
Cotenant s take property together in peaceable possession. [ John Houston Merrill, et al., "The American and English Encyclopedia of Law" (1890), located at [http://books.google.com/books?id=K54BAAAAYAAJ&pg=RA1-PA1088&lpg=RA1-PA1088&dq=%22peaceable+possession%22&source=web&ots=OJ6K0Dn28L&sig=KgIh0u15eLkV_M_nhTRp0022Hxg] ]Peaceable possession is sometimes defined in the negative, that is, a
trespass er "lacks" it. [ [http://www.canlii.org/ca/sta/c-46/sec42.html Canadian Legal Information Institute web site] ]References
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