Property Flashcards

1
Q

Generic term for piece of real property

A

Blackacre

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Real Property

A

Land/Real Estate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Personal Property

A

Anything that is not RP

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Conquest

A

Taking P by Force

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Conquest Outcomes

A

Rewards Violence and gives P owners less incentive to improve P.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Discovery

A

First person to take possession of P is the owner

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Law of Finders

A

Once a finder possesses P, they have a better claim than any other subsequent possessor, except the true owner.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

CL Possession of Unowned Things

A

First to Possess (First in Time = First in Right)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Constructive Possession

A

you have possession of things that are on your land (killed animals).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Rule of Escape

A

when an animal escapes back into its habitat after capture, possession rights are void.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Rule of Return

A

animals with a habit of return (such as dogs), still belong to their owners, even when they roam.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Locke on P:

A

People should own their own labors and thus their own bodys, the source of their labor (13A).

I”t is self-evident that people own their own bodies.”

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Tragedy of the Commons

A

Individuals act independently in their own self-interest, ultimately destroying shared (open access) resources.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Right to Exclude

A

Owning property is having the power to keep other people away from what’s yours

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Right to Exclude Exception

A

Necessity Exception: If you need to trespass, you’ll still be liable for any harm done to the property but will not be liable for any nominal or punitive damages.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

When an owner leaves instructions in their will to the successor that violates public policy can a court disallow, or void the instructions?

A

Yes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Alienability

A

allows people to sell what they no longer need or want to another person who might find it highly convenient.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Adverse Possession

A

enables a non-owner to gain title to land (or personal property) after the expiration of the statute of limitations for the owner to recover possession.

The basic idea is this: if a stranger uses your land for a long time and you don’t complain, the land becomes theirs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Adverse Possession Elements

A

Continuous – the adverse possessor must occupy as continuously as a reasonable owner would, given the nature, character, and location of the property

Hostile – the adverse possessor does not have the true owner’s consent (you cannot have permission)

Actual – the adverse possessor must use the land in the same manner as a reasonable owner would, given the nature, character, and location of the property

Notorious (and Open) - visible and obvious (ex: 1000 acres v. 15 inches)

Claim of Right - (1) some states say there are no mental requirements for the adverse possessor, (2) some states say the adverse possessor can only claim possession if they think you own the property (good faith), (3) only a couple of states say the adverse possessor can only claim possession if they did not think they owned the property (bad faith)

Exclusive – the adverse possessor cannot share the land with the true owner, unrelated third parties, or the public in general

Statute of Limitations – different in every state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Adverse possession cases normally arise in two kinds of situations:

A

(1) Oftentimes, the adverse possessor will bring a “quiet title” lawsuit to confirm his ownership.
In a quiet title lawsuit, the court publicly confirms who owns a disputed piece of property, quieting the claims of the other party.

(2) Adverse possession can also be raised as a defense to an ejectment action or trespass case.
That title transfers as soon as someone meets the requirements for adverse possession – the lawsuits just recognize and confirm the facts on the ground.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Color of Title

A

A deed that is defective due to a lack of title. (Claim based on a piece of paper, even if that paper is fake or wrong).

The benefits conferred by color of title only accrue if no one else is occupying the land described by the (defective) deed.

22
Q

Color of Title does 2 Things:

A

(1) Reduces the statute of limitations in many states (cuts it in half – 15 years to 7 ½ years)

(2) Allows you to claim all the property that the deed states through constructive adverse possession.

23
Q

Constructive Adverse Possession

A

if the adverse possessor meets the AP requirements for one point of the land, for the reduced (half of the statute of limitations) number of years, the adverse possessor gets the entirety of the land stated in the deed.

24
Q

Quiet Title Lawsuit

A

a lawsuit asking the court to who owns the land.

25
Doctrine of Tacking
allows the successor possessor to add up the cumulative time they and their predecessors have been on the property to satisfy the Adverse Possession SOL.
26
Finder of P vs. X
If X is not the original owner, the finder wins
27
Blackstone's Conception of Property (shows us what policy choices we’re making)
(1) Ownership by a single individual, (2) Perpetuity, (3) Bounded horizontally by lines drawn upon the surface (and unbounded vertically), (4) With the absolute right to exclude, (5) The absolute right to use and ab use, and (6) The absolute right to transfer.
28
John Rawls
He believes we need to make decisions behind the veil of ignorance, if you wake up in the morning a different age, race, wealth, intelligence, etc. would you be happy with the way society functions? IF the answer is yes, you probably live in a just society. IF the answer is no, you probably do not live in a just society.
29
State of New Jersey v. Shack, (1971) MIGRANT WORKERS
“Property rights serve human values.” People are more important than property. Property owners cannot exclude workers from obtaining social services.
30
Pruneyard Shopping Center v. Robbins, (1980) STUDENTS PROTESTING AT OUTDOOR MALL
CA Constitutional provision is okay and the protestors must be allowed to protest in the common areas of the mall (public places), but not in the privately owned stores. "modern agora"
31
Discovery better than conquest?
It may be a better way of assigning property rights than conquest . . . but we’re still not making decisions based on morality – just on who’s the fastest.
32
Pierson v. Post
The fox becomes yours under certain control. Trapping or seriously wounding it. The mere pursuit of an animal is not enough.
33
Collective ownership problems:
you must come up with rules, enforce those rules, plus there’s a physical cost (BBT)
34
Ghen/Social Custom Rules Cons:
Can be very imprecise (ex: an open law book in the library) Sometimes a rule can be good for a small amount of people, but not for the majority/community (ex: Kentucky coal-dumping chemicals) They’re localized (foreign exchange student & snow chairs)
35
Ghen/ Social Custom Rules Pros:
Custom as a source of official property rules, allows society to take advantage of the accumulated wisdom of the ages.
36
Main Idea of Property Law:
Socially useful incentives = winners
37
Mislaid Property
deliberately placed and unintentionally forgotten Landowner wins.
38
Lost P
unintentionally or unknowingly parted with Finder wins.
39
Abandoned P
intentionally gotten rid of Wild property, up for grabs
40
Goffman, Asylums
Stripping an individual of their personal items and regulating their personal appearance is, in essence, taking away the things that make them, “them.”
41
Hurtado
Courts seem very worried that increasing the pay of jurors or witnesses could also decrease non-monetary incentives. You may lose the altruists. Paying people could also lower the quality.
42
Moore v. Regents of the University of California
Once cells leave a patient’s body after surgery, they no longer has sufficient ownership rights to uphold a conversion claim
43
Right to Exclude Pros:
Gives property owners complete decision-making authority Protects privacy Lowers monitoring costs Lessens motivation to engage in self-help violence because the state is protecting your property rights.
44
Other right to exclude exceptions
Hunting Discrimination Free Speech
45
why Liability Rules?
(1) It’s very costly to determine subjective value. (2) It makes sense if there’s a lot of parties – saves on transaction costs and may prevent holdouts. (3) Liability rules may work well in tough cases – it gives something to both sides
46
Difficulty with Liability Rules
(1) Autonomy Problem – using a liability rule in a property case allows intruders to use property against the will of the landowner. (2) Compensation Problem – liability rules pay damages. We must take the landholder’s subjective valuations into account. This can lead to the drastic undervaluation of assets. (3) It can be difficult to determine the market value of unique goods.
47
The Benefits of Destruction
(1) Economically efficient (2) Makes room for new creative possibilities (3) Promotes psychological well-being Forrest Gump – throwing rocks at her childhood home because of abuse/trauma that took place there (4) Destruction can be very expressive American Civil War – tearing down statues
48
Destruction Trend
The recent trend in American law has been to curtail property owners’ traditional rights to destroy their own property. Sometimes damage to the community outstrips benefits to the destroyer
49
Why do we have Adverse Possession?
Statute of Limitations: the real owner has the right to kick you off the property, but if it doesn’t happen in a certain amount of time, evidence fades. Entrepreneurship: rewards productivity, goes against owners that “fall asleep” on their land – stop paying attention, etc. Quiet Title: if you occupy/use land for a certain number of years, then the title holders try to claim it and they can’t. Loss Aversion: We hate losses more than we love gains.
50
Tacking Requires:
Privity A relationship in which the prior possessor knowingly and intentionally transfers whatever interest she holds to the subsequent possessor (“a voluntary conveyance”).
51
AP Exceptions
Government Land Although government agencies may acquire titles by adverse possession, the general rule is that public property is not subject to the doctrine. Disabilities If a person has a “disability” - if the law determines they are incapable of suing an adverse possessor – then the adverse possession clock does not begin to run (it tolls). The statute of limitations does not begin to run until the disability is lifted, the true owner dies, or the property is sold. For the statute of limitations to toll, the disability must exist when the adverse possessor sets foot on the land. Death ends all disabilities. Separate disabilities may not be tacked together to keep the statute of limitations from running. Under 18 Are Active-Duty Military In Prison
52