CA Real Estate Law - Chptr 1 Flashcards
Law
A system of rights and duties established and enforced by a government
Functions of law
- Establishing order
- resolving disputes
- enforcing promises
- preventing exploitation
- promoting equality
English common law
The body of law derived from judicial decisions rather than from statutes or constitutions
Substantive law
Establishes and defines rights and duties
Procedural law
Sets out the methods of enforcing substantive rights
Contract
A legally binding promise
Tort law
Concerns legally imposed duties and standards of reasonable conduct
Property law
Concerns ownership of real or personal property
Constitution
A grant of power to a government
Sources of law
- Constitutions
- legislators
- courts
- administrative agencies
Acts or statutes
The laws adopted by Congress and state legislators
Ordinances
Laws adopted by county and city councils
Bill
A proposed law
Codification
A legislator will gather up all the laws on a particular subject, reconcile them and clarify them, then set them out systematically in a comprehensive compendium (or collection) called a code
Case Law
The laws interpreted and applied in published written opinions of the Court of Appeal and the Supreme Court in court cases