1/13
These flashcards cover key concepts related to the classification of private property and the historical context of land law.
Name | Mastery | Learn | Test | Matching | Spaced |
---|
No study sessions yet.
Traditional Categorization of Private Property
Classification of property types based on functionality and legal rights.
Personal Property
Property that is less permanent than real estate, including tangible items like cars and paintings.
Choses in Action
Intangible personal property such as shares, copyrights, and debts that require legal action for protection.
Choses in Possession
Tangible personal property consisting of physical items like paintings and cars that can be seen and touched.
Real Property
Land and anything permanently attached to it, treated with unique legal rules.
Leasehold
A property right giving a tenant exclusive possession of land for a specified time in exchange for rent.
Rights in Rem
Rights to recover land or property, safeguarded by historical legal frameworks.
Seisin
Legal possession of land, typically as a result of payment of rent or services.
Tenants-in-Chief
Landholders granted land by the Crown in exchange for loyalty and service.
Free Tenure
Legal possession with rights to recover land in case of illegal eviction.
Doctrines of Estates
Legal principles governing the ownership and duration of property rights.
Fee Simple Absolute in Possession
A form of freehold title granting indefinite exclusive ownership of land.
Law of Property Act 1925
Legislation designed to simplify the rules for holding and transferring land.
Economic recovery post-WWI
The aim of the Law of Property Act 1925 to revive the property market after World War I.