Differences between ownership, possession and custody

From a legal point of view
First, let's make some legal distinctions regarding the three terms.
Proprieta (property)
From a legal point of view, proprieta means the right to the full use and disposition of property with exclusivity, but subject to restrictions established by law (e.g., preserving the health of others).
Possesso (possession)
"Possesso" is characterized by the ability to make full use of certain property, except that it may be a temporary right.
Detenzione (possession)
Legally, "detenzione" is a situation in which a certain person can dispose of property for a limited time, often with some monetary compensation.
From a real estate perspective
Let's look at the application of these three terms to real estate and how they translate into three completely different situations.
Proprieta (property)
The most common example of property in real estate is one's own home. A private person who has acquired a house is its full owner (for the duration of his life) and may dispose of his property as he sees fit, subject to the boundaries established by law.
Possesso (possession)
In real estate, "possesso" is often confused with "proprieta", especially in the case of agricultural land, when, for example, it is granted by lease or enfiteosis (long-term lease or concession, often for several generations) with specific restrictions.
Detenzione (possession)
The most common case of "detenzione" in real estate is a lease. A classic real estate lease agreement provides for the use of a specific property for a limited period of time and for an agreed amount.
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We will find property in Thailand for you
- 🔸 Reliable new buildings and ready-made apartments
- 🔸 Without commissions and intermediaries
- 🔸 Online display and remote transaction
Our managers will help you choose a property
Liliya
International Real Estate Consultant
Subscribe to the newsletter from Hatamatata.com!
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