Dispossess refers to the act of ousting, ejecting, or excluding another party from the possession of lands or premises. This can occur through legal processes or wrongful actions.
Dispossess Proceedings, also known as eviction, are a legal process used by landlords to remove tenants and regain possession of property.
Eviction, actual, refers to the removal of a person from a property, either through force or by legal processes. This action is typically initiated by the property owner or landlord for various reasons, including non-payment of rent or violation of lease terms.
A hardship distribution is a withdrawal from a Section 401(k) plan made due to the distributee's immediate and heavy financial needs, not exceeding the amount necessary to satisfy such needs. Examples include medical expenses, post-secondary education fees, and preventing eviction or foreclosure of a principal residence.
Squatter's rights refer to the legal allowance to use the property of another in the absence of an attempt by the owner to force eviction. Under certain conditions, this right may eventually be converted to a title to the property over time by adverse possession, if recognized by state law.
Summary possession is a legal term referring to an expedited court proceeding used by landlords to regain possession of rental property from tenants, commonly referred to as an eviction.
