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adverse possession
(redirected from Squatter's rights)

   Also found in: Legal, Financial, Wikipedia 0.02 sec.

adverse possession

In Anglo-American property law, holding of real property (see real and personal property) with the knowledge and against the will of one who has a superior ownership interest in it. Statutes of limitation in most U.S. states allow an adverse possessor to acquire legal title if the owner does not seek timely possession.



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In an apparent throwback to the vagrancy laws of past generations, cops have rousted out homeless people by the dozens for the ``crime'' of congregating on the sidewalk, even though the city has granted them squatter's rights for decades and failed to develop alternatives.
Just as The Sleeping Beauty also belongs to us in the West, so the Kirov has more than squatter's rights to Balanchine.
The people who live in the Valley have bought and paid for the Valley, and the city is now attempting to assert squatter's rights over property that has been and remains viably occupied.
 
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