Property Law

Property law covers the various forms of ownership and tenency in real property(land) and personal property, within the common law legal system.
Civil law makes a division between movable property and immovable property. Movable property roughly corresponds to personal property, while immovable property corresponds to land or real property, and the associated rights and obligations with this.
Property rights are rights over things enforceable against all other persons. By contrast, contractual rights are rights enforceable against particular persons. Property rights may, however, arise from a contract; the two systems of rights overlap.
The most common way of gaining an interest in property is as the result of an agreed transaction with the previous owner, for example, a sale or a gift. Any property given through a will may also be regarded as an agreed transactions. A person may also obtain an interest in property under a trust established for his or her benefit by the owner of the property.
It is also possible for property to pass from one person to another independently of the consent of the property owner. For example, this occurs when a person dies intestate, goes bankrupt, or has the property taken in execution of a court judgment.

twitter

Latest Tweets