Aquisition + Alienation Flashcards
What title rights does the finder have? In other words, how strong is the title of the finder?
[Common Law]
What case establishes this?
Finder has greater rights to found property than everyone except the true owner. Armory v. Delamirie
What is California’s law for the finder of property?
Finding lost or mislaid property
Finder of property must turn it into the police, who will advertise to try and find the rightful owner. If they don’t after a set period of time, the finder becomes the owner. If finder does not turn property into the police, they are considered a thief who can be prosecuted by police.
What is a finder? What are the elements?
A person who (1) takes control of the lost property and (2) has the intent to maintain possession of the property.
Who has the better tittle: Bank note left at shop. Person finds the bank note. Bank or person who finds? What case?
Finder has the better title, b/c the note was never in the owner’s possession. Bridges.
Ring found by employee of landowner. Case?
Employer/Landowner. Employee can’t claim title against his employer. Sharman.
Owner of land gets boat buried far underground. Case?
Boat is buried so far underground it’s considered to be with the land. Does not go to the finder of the boat [goes to owner of land]. Elves.
Hypo: TrueOwner loses watch. F1 finds watch. F1 loses watch in park 1 week later. F2 finds watch in park. F2 later walks into a room, with F1 present, and announces she found a watch in the park. F1 claims the watch. F2 does not want to give. Who gets watch. Title of Finder
First Possession rule. F1 has greater rights to watch than everyone except TO, so F1 gets watch. F2 has greater rights than everyone except TO and F1. Once F1 appears, F1 gets watch.
What tort can you sue a Finder who wrongfully keeps for?
Conversion b/c they wrongfully exerted control over property inconsistent with the TO’s rights to the property.
What is Replevin?
Suit for the chattel itself; cause of action to recover possession of a chattel
What is Trover?
The action for monetary compensation for conversion of real property.
What is Locus In Quo?
The place where an event took place.
When can the finder prevail on lost chattel found in a renter’s residence? Case?
When (a) the owner had never used the house as his residence and (b) the current tenant did not use the house as a residence either. Hannah v. Peel.
What is Subrogation?
A success to another’s right or claim.
What is lost property? Example?
Property the true owner unintentionally and unknowingly dropped or lost. Belongs to the finder unless and until the true owner is located.
Ex. If your wallet fell out of your pocket.
What is Mislaid Property? Ex? Case Law?
Property the true owner intentionally placed in a given location and then left, or intentionally left intending to return for it later. belongs to the owner of the locus in quo unless and until the true owner is located. McAvoy v. Medina.
What is abandoned property?
Property the TO intentionally and voluntarily relinquished, with the intent no longer to own the object and without transferring his rights to another person. Intent must be proved. Belongs to the finder.
What is Treasure Trove?
Gold, silver, or currency[in some js.] intentionally concealed or placed underground, with indications it has been so long concealed that the true owner has long since died. Belongs to the finder.
What are the elements of a gift?
(1) Intent
(2) Delivery
(3) Acceptance
What is proper Intent for a gift?
Intend to give an immediate gift to somebody, immediate irrevocable gift to somebody.
If you intend to give when you die; thats a failed attempt to create a will.
Can you intend to give an immediate future interest in something? Case?
O’Keeffe v. Snyder. Court said it was ok. Complicates requisite intent.
What is deliver as element of a gift?
You need some kind of delivery of the good
What is common law rule on delivery if it is easy to deliver in person?
If easy to deliver in person, have to deliver in person
California statute on deliver for gift?
You can hand over a piece of paper as delivery. Most states don’t have that.
What if you want to deliver a car or bureau? Do you have to?
You can use symbolic deliver like giving keys to car or bureau
Is a key enough to constitute deliver with life insurance policy?
Case?
Newman v. Bost. Not enough to give key, to get the life insurance policy which was inside a piano. Furniture was ok because it was already in person’s room.