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Describe and explain the basic function of the micrometer caliper.
Adverse Possession
A possessory title to land under the Registry System acquired by continuous, open, and notorious possession of land inconsistent with the title of the true owner for a period of time (usually 10 to 20 years).
Squatters Rights
Legal allowances that may permit a squatter to obtain title to land or property under certain conditions.
Capital of the Corporation
The financial resources or assets owned by a corporation, used for its business operations and growth.
Unit Owner
The legal owner of an individual unit within a multi-unit property, such as a condominium or cooperative building.
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