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The technical term for recognized squatters rights, for instance, is "prescription by adverse possession" or "prescription by good-faith possession". (Obvious
by beerandt 7y ago
The technical term for recognized squatters rights, for instance, is "prescription by adverse possession" or "prescription by good-faith possession". (Obviously varies some by jurisdiction.) The difference is that the law in most places recognizes fault vs no-fault of the possessor, and so the requirements for legal ownership are different, usually about 10 years vs 30 years of possession.
Movable property is much more varied and complicated.