Private Property Classification and Land Law

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These flashcards cover key concepts related to the classification of private property and the historical context of land law.

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14 Terms

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Traditional Categorization of Private Property

Classification of property types based on functionality and legal rights.

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Personal Property

Property that is less permanent than real estate, including tangible items like cars and paintings.

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Choses in Action

Intangible personal property such as shares, copyrights, and debts that require legal action for protection.

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Choses in Possession

Tangible personal property consisting of physical items like paintings and cars that can be seen and touched.

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Real Property

Land and anything permanently attached to it, treated with unique legal rules.

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Leasehold

A property right giving a tenant exclusive possession of land for a specified time in exchange for rent.

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Rights in Rem

Rights to recover land or property, safeguarded by historical legal frameworks.

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Seisin

Legal possession of land, typically as a result of payment of rent or services.

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Tenants-in-Chief

Landholders granted land by the Crown in exchange for loyalty and service.

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Free Tenure

Legal possession with rights to recover land in case of illegal eviction.

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Doctrines of Estates

Legal principles governing the ownership and duration of property rights.

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Fee Simple Absolute in Possession

A form of freehold title granting indefinite exclusive ownership of land.

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Law of Property Act 1925

Legislation designed to simplify the rules for holding and transferring land.

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Economic recovery post-WWI

The aim of the Law of Property Act 1925 to revive the property market after World War I.