Week 1 Flashcards
Definition property law
branch of private law, concerns entitlement to property of things
Definition patrimonial law
Law governing complete body of assets and debts of a person
Ownership Germany: rule
par. 903 BGB
Ownership NL: rule
Art. 5:1 BW
Real property definition (UK)
Law relating to land
Personal property definition (UK)
Law relating to things outside the land law
Civil law approach to property law
- Uniform approach
- Distinction between ownership and possession
Common law approach to property law
- Fragmented approach
- No clear distinction between ownership and possession
Erga omnes
Against everyone
2 elements of erga omnes principle
- Droit de suite = right follows the object
- Droit de Preference = property right stronger than any personal right with regard to the object
Numerus clausus
Principle that limits the number and content of property rights available
Numerus clausus France: rule
Art. 543 CC
Numerus clausus NL: rule
Art. 3:81(1) BW
Numerus clausus UK: rule
- National Provincial Bank v Ainsworth (1965)
- Keppel v Bailey
Principle of specificity
Must be clear to which objects the rights apply
Principle of publicity
Property rights on object clear to the public
Principle of transparency
Principle of specificity + publicity