Possessor in good faith

Possessor in good faith,

Definition of Possessor in good faith:

  1. Any person who, in compliance with a legal agreement, owns land or other assets, even if certain elements do not comply with applicable legislation. In cases where the agreement does not comply with legal obligations, the law may support some parts of the agreement that are not aware of any legal flaws in the agreement.

Meaning of Possessor in good faith & Possessor in good faith Definition