The mortgage definition for Possessory title:
The description given by the Land Registry to the title or ownership of a property where the registry is not entirely satisfied as to the vendor's ownership of the property due to a discrepancy. It is satisfied only that the person is lawfully in possession of the property, as opposed to title absolute and good leasehold title.
Adverse possessory titleAdverse possessory title
If a piece of land is occupied without permission for at least 12 years, the occupier can become the legal owner.
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