Duplicate Ownership

The term 'duplicate ownership' is sometimes used in cases where two or more persons have an
interest in the same property.

For example, in case of a trust there are two owners, namely, the legal owner (trustee) and the
beneficial owner (beneficiary). Both of them have an interest in the trust property, so the ownership
may be called as 'duplicate ownership'.

Absolute and Limited Ownership

When all the rights of ownership, i.e. possession, enjoyment and disposal are vested in a person
without any restriction, the ownership is absolute. But when there are restrictions as to user, duration
or disposal, the ownership is known as 'limited ownership'.

Concept of Possession
Possession is the evidence of ownership. There is a presumption that the possessor of a thing is the
owner of it and the other claimants to have it must prove their title. The finder of a thing has a good
title to it if he is in possession of that thing. Even a person, who wrongfully possesses a property,
has a good title against the world at large except the true owner.

Possession is the most basic relation between human beings and things. Possession of material
things is necessary to life because the existence of human life and human society is not possible
without the consumption and use of material things. Besides being a prima-facie evidence of
ownership, it is also one of the modes of transferring ownership.

Salmond obser