Acquisitive prescription – this legal phrase applies to the area of Real Estate Law. There it details the acquiring of ownership of the concrete real estate. This happens on the base of long, continuous and non-affected by third parties calm possession. The term of such kind of possession, which has to expire in order to grant positive prescription, has been set up by the local legislation. Once these terms expire, the possessor can claim legal title or ownership on the base of the above circumstances.
A synonym is “positive prescription”.
