Chose In Possession: A Comprehensive Guide to Its Legal Meaning

Definition & Meaning

The term "chose in possession" refers to a type of property right where an individual has actual physical control over a thing or right. Unlike "chose in action," which represents a right to claim something from another party, a chose in possession indicates that the claimant has the item or right in their immediate possession. For example, cash in a person's wallet is considered a chose in possession, while a debt owed to them is classified as a chose in action.

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Real-world examples

Here are a couple of examples of abatement:

Here are two examples of chose in possession:

  • A person has a bicycle locked in their garage. They have actual possession of the bicycle, making it a chose in possession.
  • A person carries a smartphone in their pocket. The smartphone is in their physical control, qualifying it as a chose in possession.

State-by-state differences

Examples of state differences (not exhaustive):

State Chose in Possession Definition
California Recognizes chose in possession in property disputes involving tangible items.
New York Similar recognition of chose in possession, especially in personal property cases.
Texas Emphasizes actual physical control in determining ownership rights.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition
Chose in action A right to claim a debt or benefit from another party, not involving physical possession.
Tangible property Physical items that can be touched or held, which can include choses in possession.

What to do if this term applies to you

If you find yourself dealing with a chose in possession, consider the following steps:

  • Assess your physical control over the property or right in question.
  • Gather any relevant documentation that supports your claim of ownership.
  • Explore legal form templates on US Legal Forms to help manage any transactions or disputes.
  • If the situation is complex, seek advice from a legal professional to ensure your rights are protected.

Quick facts

Attribute Details
Type of property Tangible personal property
Legal significance Indicates actual possession and potential ownership rights
Common examples Cash, vehicles, personal belongings

Key takeaways

Frequently asked questions

Chose in possession involves actual physical control over property, while chose in action refers to a right to claim something from another party.