Ownership & Property Flashcards
What are the relationships in the square of ownership?
A person -> (has) -> title -> (to) -> a property interest -> (in) a res
What is a legal relation?
- Always in reference to two persons.
- Not between objects.
What are the basic legal relations?
Right / No-Right
Privilege / Duty
Power / Disability
Immunity / Liability
Fee simple estate
For so long as the tenant, or any of his heirs were alive
Life estate
For so long as the tenant lived
Seisin
Synonym for possession of land. The landlord is seised “in service” while the tenant was seised “in demesne”
Ejectment
A common law cause of action by a possessor of right to remove an actual possessor
What is a right-in-personam?
A right against a small number of definite people
What is a right-in-rem?
A right against the world at large (most, if not all people)