LGST 101 Property Law Flashcards
Real vs personal/intellectual property
Real is something that can’t be moved (house, trees)
Personal and intellectual can be moved
5 Theories about property
- Occupation theory—> Supposed to go to places that haven’t been occupied and occupy them
- Natural rights theory—> Right to property seen as natural. It naturally belongs to man
- Labor theory—> Put work into something, you own what you put labor into
- Contract theory—> Property rights recognized because of social enforcement
- Social utility theory—> There is a requirement for recognition of property rights because it is essential for humans to thrive
Johnson v. M’Intosh
The US has the exclusive right to sell land (and the Indian tribes have no such right). As such, M’Intosh gets the land.
Conversion
Wrongful exercise of dominion over the personal property of another
Theft
Unauthorized taking of property from another with the intent to permanently deprive them of it (key difference from conversion is that theft requires intent while conversion does not)
Popov v. Hayashi
Conversion can still apply even without full possession, as pre-possessory interest gives someone the right to conversion. They both have equal rights to the baseball, so they split the proceeds
Keron v. Cashman
Since the boys playing with the sock of money weren’t trying to find money, they were all ruled to have equal claims to the money. As such, intent is important in determining who owns property. Ruling is to split the money equally amongst the boys
Swift v. Gifford
Gifford gets the whale instead of Swift because of customs of the industry that define possession as whoever’s harpoon was found in the whale when killed
Bailment
When personal property (not real property) is transferred from the bailor to the bailee. Usually is temporary transfer of property
Bailee
Takes possession of something already owned with the owner’s (bailor’s) consent
Bailor
The transferrer of the property
Involuntary/constructive bailee
Takes possession of a thing by means of some non-intentional act and has obligation to protect the goods
Ex: Pet owner dies, pet ends up with aunt. Aunt is the bailee. Didn’t intend to take possession, but must do so.
Duty to Return of Bailee
Absolute–> must return the thing temporarily given to them when requested
For involuntary bailee–only liable for not returning if the bailee’s own negligence hindered the return
Duty of care for the bailee
Must ensure safety of the property. If fails to uphold duty, liable for damages. And if uses property without permission, liable for conversion
Levels of care depends on who it benefits more
If the bailor has a better deal, bailee owes very small duty of care, only liable if gross negligence by the bailee (disregard safety of those around you)
If deal benefits both equally, bailee owes a reasonable or ordinary degree of care. Liable for ordinary negligence
If bailee has a better deal (typically if paid), bailee owes extraordinary deal of care, but not absolute
Adverse possession
When another person occupies the land with the intention of possessing it as their own