Some practical aspects of acquisition of ownership right by duration of ownership

The article analyzes the institution of acquisitive prescription, which is considered to be one of the oldest complexes of legal norms that have been known to mankind since the time of Roman law. Their existence is due to the need to protect the property rights of participants in civil turnover. In modern Russian legislation, the institution of acquisitive prescription found its legislative consolidation relatively recently. Thus, the normative regulation of the acquisition of property rights on the basis of prescription ownership was carried out through the provisions of Soviet civil law. These provisions established the possibility of citizens and legal entities who are not the owner of property to acquire ownership of this property if they openly and in good faith have owned real estate as an owner for fifteen years, and other property for at least five years.