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The former applies
primarily to movable objects that may be found, taken, and hidden or
used exclusively. Since the thing has no other owner, prima facie no one
is entitled to object to the first possessor claiming ownership. For immovable property (land), possession is taken by “enclosing” the
land and incurring exclusion costs, e.g., erecting a fence (again,
similar to Hoppe’s “embordering”—establishing an objective,
intersubjectively ascertainable border).