Difference between Ownership and Possession in Jurisprudence.
In this article, we are going to discuss the key difference between the ownership and possession in a table form and easy way, that can help you to better understand.
Ownership is an absolute authority over the property.
Possession is physical control over the property.
It holds unlimited and uncontrolled rights over the property.
It is a limited concept of right.
It is a union of ownership and possession
It is a single concept giving no right of ownership.
It is a de jure concept.
It is a de facto concept.
Ownership right is a wider concept.
Possession is a right of consumption only.
It is a perfectly legal right. It shows legal situation.
It is a possessory right only. It shows real position.
Transfer of ownership is not an easy process, but it needs legal or formal procedures, prerequisites of registration.
Possession is a comparatively easy process and practically no need to register and such formalities like ownership.
It has no technical obstructions to transfer.
It faces the technical obstacles for transfer.
Ownership cannot be carried out practical use in the absence of possession.
Possession may be a ground for the ownership as well.
It consists the bundle of rights and all the rights are right in rem.
It is prima facie a proof or evidence of ownership.
It is a guarantee by the law.
It is a physical control over it.
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