Concepts Flashcards

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1
Q

Accession

A

Requires:
Physical attachment, functional subordination, permanency.

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2
Q

Missives

A

Formation of a sale, creates personal rights

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3
Q

Real burdens

A

Obligations affecting land.

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4
Q

Servitudes

A

Right to use an area of someone else’s land.

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5
Q

Essentials of servitudes

A

Must be 2 plots of land in separate ownership.

Praedial (Must benefit the land not the owner)

Burdened and benefited are usually neighbouring. If not must be sufficiently close.

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6
Q

Warrandice

A

Warranty by transferee

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7
Q

Positive prescription

A

(Acquisitive prescription)

Creates rights.

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8
Q

Negative prescription

A

(Extinctive prescription)

Destroys rights.

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9
Q

Specification

A

When something is created by two different entities - the creator becomes the owner.

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10
Q

Confusion

A

Mixture of liquids

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11
Q

Hypothec

A

Right of landlord to take tenants possessions.
Can’t be used along side other forms of security.

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12
Q

Original acquisition

A

Acquiring something without prior ownership

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13
Q

Derivative acquisition

A

Acquiring ownership through a transfer or transaction from a previous owner.

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14
Q

Sasines

A

Where deeds are recorded.

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15
Q

Land register component parts

A

Cadastral map

Title sheet record

Archive record

Application record

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16
Q

Encroachment

A

Inanimate objects - Brown v Lee Construction Ltd

Building on someone else’s land - McClellan v J+D Pierce

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17
Q

Ownership entitlements

A

Right to use

Right to enjoy the fruits

Right to transfer/destroy

18
Q

Termination at ish

A

Lease can end on fixed date

Notice to quit - landlord

Letter of removal - tenant

40 days notice

19
Q

Termination before ish

A

Lease can be terminated if one party becomes entitled

20
Q

Lease formalities

A

A lease of under a year does not require writing.
Private residential tenancy does not require writing.
A lease for over a year must be in writing.

21
Q

Lease formalities

A

A lease of under a year does not require writing.

Private residential tenancy does not require writing

A lease for over a year must be in writing

22
Q

Lease implied terms

A

Rent

Purpose of let

State of property

Possession

Plenishing

Breach of contract

23
Q

Advance notices

A

Provided after a disposition of sale.

Protected period of 35 days.

Must be agreed by both parties.

24
Q

Offside goals rule

A

Prevents a person acquiring property unfairly. Knowledge of an earlier claim over property could prevent a person making a claim after.

25
Q

Contents of a disposition

A

Standard securities

Discharges of standard securities

Long leases

Servitudes

26
Q

Improper liferent

A

Enjoys the benefits of the property by trust.
If property is sold the new owner may not continue the liferent.

27
Q

Proper liferent

A

Vested directly with an interest in land.

28
Q

Subordinate real right

A

Rights in someone elses land

29
Q

Incorporeal heritable

A

Intellectual property - authors, copyright, debt.

30
Q

Corporeal heritable

A

Pen, book, car

31
Q

Corporeal moveable

A

Things that form land as part of accession (building).

32
Q

Incorporeal heritable

A

Things that form part of land by accession (buildings)

33
Q

Incorporeal heritable

A

All rights connected to heritable property.

34
Q

Diligence

A

Debt enforcement

35
Q

Succession

A

Objects/estate of a person

36
Q

Inhibition

A

Form of diligence preventing borrower from selling home without paying off creditor first.

Freeze rather than seize form of diligence.

37
Q

Elements of accession

A

Physical union

Functional subordination

Permanancy

38
Q

Floating charge

A

Instrument of security that can only be granted by company or limited liability partnership.

39
Q

Lien

A

Right to retain possession of property until he debt is paid.

40
Q

Pledge

A

Handing over property to secure a loan

41
Q

Every inch principle

A

Co-owners have the right to make use of ‘every inch’ of the property.