Divestiture - Law Dictionary Search Results
Home Dictionary Name: divestituredivestiture
divestiture 1 : the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy) 2 : the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible ...
divest
divest [Anglo-French devestir, literally, to undress, from Old French desvestir, from de(s)-, prefix marking reversal + vestir to dress, from Latin vestire] : to deprive or dispossess (oneself) of property through divestiture di·vest·ment n ...
Divestiture
The act of stripping or depriving the state of being divested the deprivation or surrender of possession of property rights etc...
Divesture
Divestiture...
Adverse possession
Adverse possession is that form of possession or occupancy of land which is inconsistent with the title of any person to whom the land rightfully belongs and tends to extinguish that person's title, see (English) Real Property Limitation Act, 1874 (37 & 38 Vict. c. 57), which provides that no person shall make an entry or distress, or bring an action to recover any land or rent, but within twelve years next after the time when the right first accrued, and does away with the doctrine of adverse possession, except in the cases provided for by s. 15. See Nepean v. Doe, (1837) 2 M. & W. 910.Possession is not held to be adverse if it can be referred to a lawful title, Doe v. Bightwen, 10 East 583; Wall v. Stanwick, 34 Ch D 763. Non-adverse possession is of two kinds. The title of the dispossessed may not be paramount, as in the case of a leasehold term when dispossession of the lessee is not necessarily inconsistent with the reversioner's rights, and secondly, the person setting up disposse...
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