What is an accession?

Accession is a term used in property law in Massachusetts and refers to when one person obtains ownership of a certain item as a result of being given it as a gift. Accession is a way of obtaining property without it having to be purchased. For something to be considered an accession, the transfer of ownership must have been done voluntarily, with no payment or expectation of payment needed. The most common way to access property is through inheritance. When a person has died, his or her estate is divided among the heirs. This is one form of accession, where the heirs gain ownership of the deceased’s property. Other forms of accession include receiving a gift from another person, taking possession of stolen property, or finding lost property. In Massachusetts, there are certain conditions that must be met for a property transfer to be considered an accession. For instance, the receiving party must have accepted the gift freely and has no knowledge that the property was stolen. Additionally, the transfer must have been made out of love and affection, so a transfer of property as a part of a business deal is not a true accession. In summary, accession is a term used in property law in Massachusetts that refers to when one person obtains ownership of an item as the result of it being given to them as a gift. It is different from buying or inheriting property, as there is no expectation of any payment or consideration in exchange for the property.

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