Definitions for "Possessory Title"
One of the classes of title the Land Registry may approve. Often approved when the owner claims to have lost the title deeds, or to have acquired ownership by adverse possession.
The description given by the Land Registry to the title or ownership of a property where the registry is not entirely satisfied as to the vendor's ownership of the property due to a discrepancy. It is satisfied only that the person is lawfully in possession of the property, as opposed to title absolute and good leasehold title.
Pre approval Pre approval letter