Peaceable possession is a concept used by realtors in the Real estate business and by lawyers and paralegals in Real property law. It actually deals with two possible covenants, contract promises, or warranties. It is defined as, `in real estate, holding property without any adverse claim to possession or title by another.` When referring to tit..... Found on http://en.wikipedia.org/wiki/Peaceable_possession
It is the possession of the real property by one, without any claim for the ownership or title of the property by him/her. Found on http://www.encyclo.co.uk/local/21213