Possession of land implies actual occupation of the land and or receiving the rents and profits out of lands and generally performing those acts of ownership in relation to the lands that are inconsistent with the interest claimed of necessity this involves dispossession of the owner the irish courts have interpreted this liberally in favour of the dispossessed owner. Land contract described in the attached forfeiture notice and is in possession of the land described in the notice 3 the plaintiff has a right to recover possession of the property for a nonpayment of money required to be paid under the contract original selling price last payment principal balance due interest at paid to total amount in arrears b material breach of contract in . The squatter will be claiming to be the owner of a legal estate in land arising out of possession and a caution cannot be lodged by virtue of ownership of a freehold estate in land sections 151
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