property law Flashcards
What is Property law?
tangible property and personal property are governed by this area of law
tangible property
legally acknowledged right to resources, goods and land, including real estate
intangible property
e.g. intellectual property
Property rights
France and Germany: ownership and limited property rights (e.g.
usufruct, right of servitude)
Personal rights:
contractual rights (Contract law), right to
payment of damages (Tort law), right to payment of a certain
amount of money as a resul of unjustified enrichment
(Unjustified enrichment)
the principle of numerus clausus
Two aspects:
- Number and content of property rights
-The way in which these rights can be created, transferred or
destroyed
Reasons behind the principle of numerus clausus
- Property law is mandatory law (e.g. lex rei sitae rule)
- Limitation on parties’ autonomy and authority to create new property rights
Principle of transparency
- Specificity
- Publicity
- Policy
publicity
- possession
- registration
Ground rules of Property law
I. Nemo plus iuris rule
II. Prior tempore, potior iure rule
III. Limited property rights have priority over fuller rights (e.g.
usufruct and right of ownership)
IV. Special protection (e.g. revindication)
Possession & Ownership: Civil law v Common law
Two main questions:
1. What is the difference in the approaches to ownership
and possession?
2. How is possession and ownership protected?
Approaches to Possession & Ownership: Civil law
- Distinction follows Roman law: ownership and possession.
- Ownership and limited property rights = entitlements a person may have with respect to an object.
- Possession = factual control of an object.
- Function: to indicate the existence of property = makes it public & to prevent unlawful/violent behaviour to preserve the peace.
- French law > legal presumption that the possessor of a
movable object is also its owner
Approaches to Possession & Ownership: Common law
- No concept of ownership.
- Focus solely on the protection of possession.
- Fragmented approach: land and goods.
Protection of Possession & Ownership in Civil Law Countries
Specific actions for the protection of possession (possessory actions):
- Aim = fast judicial protection against interference.
Specific actions for the protection of ownership (and
of the limited property rights):
- Vindication (rei vindicatio)
- The right of removal of actual interference & the right to an
injunction.
Protection of Possession: Common law
- Mainly by tort law (property torts).
-Primary remedy = attribution of damages.
-Damages can be awarded even if there is no real damage to the property but the mere infringement of a property right.
-Remedies follow the distinction between land
and goods.