Week 3 Flashcards
Prescription
acquisitive or extinctive
Acquisitive definition
one gains a right due lapse of time
Extinctive definition
losing a right due to the passing of time
extinctive division
- strong effect (right itself lapses)
- weak effect (only action lapses)
Good faith prescription France: rules
art. 2258 + 2272 + 2266 CC
Prescription with/without good faith France
- with = 10 years of possession
- without = 30 years of possession
good faith prescription NL: rules
art. 3:118 + 3:107 + 3:99 + 3:306 BW
Prescription with/without good faith NL
- with = 10 years of possession
- without = 20 years of possession
good faith prescription Germany: rules
par. 900 + 937 BGB
Prescription with/without good faith Germany
- with = 10 years of possession
- without = 30 years of possession
Adverse possession UK
same effect as prescription
2 ways of transferring property
- Traditional system
- Consensual system
Traditional system countries
- NL: Art. 3:84(1) + 3:90(1) + 3:89(1) BW
- Germany: Trennungsprinzip
Consensual system countries
- France: Art. 1138
- UK: S. 17(1) Sales of Goods Act 1979
Causal system definition
Contract itself transfers ownership
Causal system countries
France + UK
Causal traditional system
NL
Res perit domino rule (France)
owner of an object bears the risk of accidental damage or loss
Abstract transfer system definition
Act of transfer independent from the validity of the contract
Abstract transfer system country
Germany
Positive registration system
quiet active, checks consent + content of transfer
Negative registration system
passive, only checks formalities, not for actual content
Transfer of land Germany: rule
par. 873 BGB
Notarial deed Germany: rule
par. 925 BGB
Vormerkung Germany
Prevents uncertainty, par. 883 BGB
Transfer of land 2 systems UK
- transfer by deeds
- transfer by registration in land register
transfer of land UK: rule
Law of Property Act section 2
Transfer of land NL: rule
Art. 3:84 BW
2 theories on limited property rights
- Demembrement (subtraction) theory
- Limitation theory
