What can be inferred if a property is in possession of someone?

When a property is in the possession of someone, it indicates that they have constructive notice of an interest in that property. Constructive notice refers to the legal presumption that a person is aware of a fact, even if they do not have direct knowledge of it, because that fact is publicly available or apparent. In real estate, possession of a property can signify that the possessor has an interest, whether it is as an owner, tenant, or through some other legal arrangement.

This understanding is important in real estate transactions because it relates to how rights and interests in property are established and recognized. Possession can also impact third parties, including potential buyers or creditors, who must consider existing claims and interests when evaluating a property.

In contrast, other options do not accurately reflect the implications of possession. For example, having no legal claim to the property would not be inferred from possession since possession often indicates some level of interest or claim. Additionally, possession does not inherently prevent someone from changing the property's title, nor does it automatically make the possessor liable for all property taxes, as those responsibilities can depend on various factors including ownership status, agreements in place, and local laws.