Property Ownership
In Virginia, 'actual possession' in an adverse possession claim requires the claimant to:
ASimply walk on the land once a year
BUse the land as an owner would, in a manner appropriate to the character of the land✓ Correct
CErect a fence around the entire parcel
DFile a claim with the circuit court first
Explanation
Actual possession for adverse possession means using the land in a way consistent with how a reasonable owner would use it. For agricultural land, this might mean farming; for residential, living there or maintaining it.
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Key Terms to Know
Adverse Possession
A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
Adjustable-Rate Mortgage (ARM)A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
Right of First RefusalA contractual right giving a party the opportunity to match any offer received before the owner can accept it from a third party.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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