Ch 4: Property Law Flashcards
Law Addresses
- What can be property?
2. What does a property right give you?
Law Classifies ______ & Law Assigns _______ to different types of property & to different relationships with the property
the types of property, corresponding rights
Ex: Car
- mom owns
- son daily user
- son’s gf borrower
- Mechanic has lien against car
Two Types of Property:
Real & Personal
Who was the historical owner of all real property?
The Queen & The Government
in the Right of the Crown
Federal Gov. transferred ownership to:
Private Owners
Fed & Provincial gov owned __% of Canada’s Land
89%
What % of land does the BC gov. own of BC?
94%
Gov can take back private property through
Expropriation: occurs when a public agency takes private property for a purpose deemed to be in the public interest
Fee Simple means
Almost full ownership and rights
(REAL Property Law) Land Ownership can have what 2 ownerships?
Joint Tenancy: Partner B dies so A gets it all
Tenancy in Common: Partner B dies so land goes into B’s estate & will
(REAL Property Law) Land: What is excluded from Fee Simple?
Land: Oil and Gas, Minerals are excluded from Fee Simple
(REAL Property Law) Buildings: 3 physical rights include
- lateral support right
- riparian (water) rights
- air rights
(REAL Property Law): Rights can ‘run with the land’ & ‘attaches’ to the land not the parties. Give 2 ex:
- Lease
- Mortgage
- Easement / right of way
- Restrictive covenant
- Licence
- Profit à prendre
- Construction liens
(REAL Property Law): REGISTRATION: where do you register fee simple?
THE LAND REGISTRY / TITLES OFFICE
(REAL Property Law): REGISTRATION 2 types of systems
TORRENS SYSTEM (BC)
REGISTRY SYSTEM
Ont parts
(REAL Property Law): A Restrictive Covenant is:
a covenant imposing a restriction on the use of land so that the value and enjoyment of adjoining land will be preserved
(PERSONAL Property Law):
2 Categories are
Tangible (chattels) & Intangible (Intellectual property)
Tangible things do not have ownership registry but BC has Personal
Property SECURITY Act registry
(Intellectual Property Law):
Intangible, Intellectual Property is protected by
Federally protected by statue
(Intellectual Property Law):
Intellectual Property includes: (name 2)
- Copyright Act
- Patent Act
- Trade-marks Act
- Industrial Design Act
- Integrated Circuit Topography Act
(Intellectual Property Law): Copyright: What is copyrighted / protected?
Literary
Music
Dramatic
Artistic
using © Name & Year of Publication
(Intellectual Property Law): Copyright Rights & Protections include
Rights/Protections
• prohibits uses: publication/reproduction/performance/etc
•lasts life plus 50+
• owner
• engineer drawing plans (or employer)
• unless contracted otherwise
(Intellectual Property Law): Patents: Name 3 things that are protected
INVENTIONS: process, machine, composition of matter, or an improvement on one of those
Must be registered
• within one year of becoming public (or lost)
• must be useful with commercial application
• must be well described so it can be made after patent expires
(Intellectual Property Law): Patents Rights & Protections include
Rights/Protections
• Exclusive right to Make Sell and Use
• Lasts 20 years from date of application
(Intellectual Property Law): Trademark: What is protected?
What is protected?
• marks that distinguish goods & services
Registered
• in Canada or internationally
• required to be distinct
(Intellectual Property Law): Trademark Rights & Protections include
Rights/Protections • Exclusive use • 15 years but renewable indefinitely • Must USE it or LOSE it • Must PROTECT it or LOSE it
(Intellectual Property Law): Industrial Design: What is protected?
• Protects novel & original shape/configuration/look
(Intellectual Property Law): Industrial Design Rights & Protections include
Rights/Protections
• Exclusive use
• 10 years from registration
(Intellectual Property Law): Integrated Circuits: What is protected?
Protects design of materials used and configuration
(Intellectual Property Law): Integrated Circuits Rights & Protections include
Rights/Protections
• Exclusive right to reproduce/manufacture
• 10 years from registration
(Intellectual Property Law): Messing with IP includes
• infringement by doing anything prohibited without consent • remedies include • injunction • turning over infringing stuff • damages • lost profits •profits made