Class 2 and 3 (Class 1 had no reading not examable) Flashcards
What is tangible property?
Something you can touch like land or a car
What is intangible property?
Something you can’t touch like bonds, music
Is property a thing?
It can be but sometimes its not
Is property a right?
Yes it represents a bundle of rights
What is private property?
Property owned by a person or corporation. has the right to exclude and can serve others with trespass.
HAS RIGHT TO EXCLUDE
What is subversive property?
Property law should create spaces of belongings
What is progressive property?
To leverage property law to foster equality.
The societal role of property law
Recent developments continue to challenge the societal role of property law
What does a “private property” sign do in regards to rights?
The sign asserts rights and frames a relationship between people.
Generally explain a bit about property rights
They represent a relationship among people and apply to different people differently
What is state property?
Property owned by the government. HAS the right to exclude
What is common property (public property) ?
Property that anyone can use
NO RIGHT TO EXCLUDE
What is the difference between possession something and owning something
You can possess something you do not own like a lease.
What is property based on responsibility?
Based on “responsibility,” reflected in ideas about stewardship of land (including in relation to Indigenous concepts of property), and in principles of environmental regulation
(Indigenous Concept)
What is property as a fact?
A person who has established physical possession may be legally recognized as having property entitlement
What is possession?
Possession is physical control over something.