Definition - : acquisition of ownership or other real rights in movables or immovables by continuous, uninterrupted, peaceable, public, and unequivocal possession for a period of time (as 10 years) set by law also : such possession that creates real rights <acquisitive prescription is interrupted when the possessor acknowledges the right of the owner Louisiana Civil Code> The Louisiana Civil Code has set various periods of time for acquisitive prescription of movables and immovables. With the shorter periods (as 10 years for immovables or 3 years for movables) the Code also requires that the possessor possess in good faith and under just title. Acquisitive prescription does not run in favor of a person having precarious possession, because he or she possess the property on behalf of or with permission of the owner, until the possessor begins to possess the property on his or her own behalf (as after a lease terminates). Pronunciation&-'kwi-z&-tiv-
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