Might mean (unverified): Assuming control or ownership legally.
Definitions Related words Mentions
We found 2 dictionaries that define the word taking possession:

General (1 matching dictionary)
  1. taking possession: Rhymezone

Business (1 matching dictionary)
  1. taking possession: Legal dictionary

Definitions from WordNet (taking possession)

noun:  the act of occupying or taking possession of a building


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