Differences between Ownership and Possession.

Ownership

• The idea of ownership follows the idea of possession.
• The ownership is the de jure recognition of the right over the property.
• Ownership is the subjective and objective. It signifies the externally and internally.
• The right of alienation is an essential characteristic feature of ownership.
• The concept of ownership is used in widest meaning. The owner has the right to consume, destroy and alienate with his free will.
• The residuary power is vested in the owner.
• Ownership is the guarantee of the law.
• Ownership without possession is right, unaccompanied by that environment of fact in which it normally realizes itself.
• Ownership strives to realize itself in possession.
• The ownership is left to seek proprietary remedies.
• A right in rem can be owned and possessed. But a right in personam can only be owned.
• Ownership is a matter of multiple rights. 

Possession.

• First the idea of possession came into existence in the human civilization.
• Possession is the de facto exercise of a claim over the property.
• Possession is the objective realization of ownership. It is the external significance of ownership.
• This right is not seen in possession.
• The concept of possession is narrower in this sense. The possession has limited rights to consume, destroy and alienate.
• The residuary power is not given to possessor.
• Possession is the guarantee of the facts.
• Possession without ownership is the body of fact, uniformed by the spirit of right which usually accompanies it.
• Possession to Endeavour’s to justify itself as ownership.
• The possessor is left with possessory remedies.
• A right in personam can only be owned, and it cannot be possessed.
• Whereas possession in singular, but stronger.