temporary receivership

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A remedy in which the court appoints a person to temporarily manage a piece of property that is in the defendant's possession. This remedy is available only when the plaintiff is asserting an equity claim in which the piece of property is the subject matter of the equity claim. Also, for the court to grant this remedy there also must be a danger that the defendant will damage or severely diminish the value of the property during the time that the cause of action is pending.