Concepts Flashcards

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
Contents of a disposition
Standard securities Discharges of standard securities Long leases Servitudes
26
Improper liferent
Enjoys the benefits of the property by trust. If property is sold the new owner may not continue the liferent.
27
Proper liferent
Vested directly with an interest in land.
28
Subordinate real right
Rights in someone elses land
29
Incorporeal heritable
Intellectual property - authors, copyright, debt.
30
Corporeal heritable
Pen, book, car
31
Corporeal moveable
Things that form land as part of accession (building).
32
Incorporeal heritable
Things that form part of land by accession (buildings)
33
Incorporeal heritable
All rights connected to heritable property.
34
Diligence
Debt enforcement
35
Succession
Objects/estate of a person
36
Inhibition
Form of diligence preventing borrower from selling home without paying off creditor first. Freeze rather than seize form of diligence.
37
Elements of accession
Physical union Functional subordination Permanancy
38
Floating charge
Instrument of security that can only be granted by company or limited liability partnership.
39
Lien
Right to retain possession of property until he debt is paid.
40
Pledge
Handing over property to secure a loan
41
Every inch principle
Co-owners have the right to make use of 'every inch' of the property.