A Peaceable Possession Agreement is used in real estate transactions or when possession issues are a concern. They can be very useful when it is necessary to enforce real property laws. When the right to continuous possession is interrupted through lawsuits or other hostile actions designed to oust the possessor from the land. While the property should be held without any adverse claim to title or possession by another, a Peaceable Possession Agreement does not mean that adverse claims can’t exist but it does ensure that they can’t involve actual attempts to dispossess. The party bringing the action should be able to show peaceable possession in the event action is needed to quiet title.
Peaceful Possession Agreements are complex and must be well-drafted to ensure that the party’s interests are protected. RealDealDocs enables you to read and study agreements which have already been successfully implemented in business transactions.
Here are two peaceful possession agreements currently available on RealDealDocs.com:
ECLIPS MEDIA TECHNOLOGIES, INC.
KRONOS ADVANCED TECHNOLOGIES INC