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Property
right to use public authorities to keep others from interfering with what you own
allows tou to exlcude others from what you own unless given permission
Real Property
immovable property (land, home)
Personal Property
movable property
can be tangible or intengible
physical objects or patents, trademarks, etc
Bundle of Rights
right to possess, use, and transfer resources
absolute but not infinite
Air Rights
own the air above the land to the extent the owner can use it in connections to the land
(drones are testy subject, depends on how owner uses their land)
Subsurface Rights
own the liquid, gases, and minerals beneath the land you own
Rule of Capture
you as the property owner have the right to ALL resources beneath you
right to water underneath you, and you can take it all and now allow others to use it
Riparian Rights
right to water right in front/next to you
access to build dock on water in front of your lake home
Types of Ownership
allows division of resource ownership into various types or degrees
Estates
the legal and beneficial rights and interests a person has over land/property
Possessory Interest
person does not own property but has control over part
Ex: apartment lease
Fee Simple
highest control abd most common allowed under law
complete controll
right to sell, use, lease
Fee Simple Absolute
unconditional power to dispose
Fee Simple Defeasible
condition attached to transfer
if violated, rights are terminated and transferred to previous owner, lose your money
infinite
can be anulled or voided
Fee Simple Defeasible Example
If I sell my house to someone with a Fee Simple Defeasible such as no one in the house can say Roll Tide, if the new people in my house say Roll Tide, I get my house back
Life Estate
possessory interest for the lifetime of the person
sold to the person who can possess it until they die
Leasehold Estate
temporary right to hold land/property in which tenant has rights to real property by leasehold
(apartments)
Concurrent Estates
any estate in land previously discussed can be held by other people
(roommates)
Concurrent Estates - Joint Tenancy
must be equal
right to survivorship (marriage)
Concurrent Estates - Tenancy in Common
any %
no option for irght of survivorship
portion owned goes to heirs
Georgia Slayer Statue
murder severs the joint tenancy
if you kill your husband, you don’t automatically get their ownership or part of their house: cannot make money off murdering
Fixtures on Land
piece of personal property that becomes real property
physically attached so it becomes attached by association
need to write in if a fixture is excluded in a sale
if it will damage the property to remove it, its a fixture
Ex: recess lighting, cabinets in a kitchen
Exchange
rulee of contract apply
a sale (money in exchange for an object)
Possession
first person to reduce previously unowned things to possession becoms the owner
look for intent
stake a claim on land, its yours
Lost Items
personal property that was unintentionally misplaced
Mislost Items
personal property that was intentionally palced but owner forgot to pick it up
Who keeps a lost/mislost item?
Lost: finders keepers
Mislost: personal property that was intentionally placed but owner forgot to pick it up
Ill-gotten Gains
police auctions
In Re Seizure of 82k more or less
In Re Seizure of $82,000 More or Less
civil asset forfeiture where law enforcement seizes cash suspected to be linked to illegal activity (drug sales)
In Re Seizure with the Chappells
US Gov. seized a Volkswagon, the Chappell’s purchased the car, fule problems occured, the mechanic found $82k in the fuel chamber, government tried to get the cash but the Chappell’s ultimately were able to keep it
Adverse Possession
legal way for non-owner/trespasser to obtain property without permission from owner
trespasser must be using property in a open and notorious way
continuous and actually happens for a long period of time
punishes bad land owners
Example of Adverse Possession
not realizing over 20 years that someone is living in your home, trespasser must sue for ownership
Steuck v Easley
Easely regularly used his large piece of land, and the Steuck’s used a few acres for 29 years and the Easely’s never noticed (because the land was so large)
The Steucks only used land during deer season, so since it was not continuous used, they were not granted adverse possession
Confusion
fungible goods are mixed together
Fungible Goods
goods that are sold by weight/meausre and when combined, you cna’t identify one person’s from another’s
Accession
When people apply effort/labor to any raw materials and change/improve its nature into a finished product, they now own said finished product
Example of Accession
you have two sheep that make a baby, you now own a lamb too
Resources throguh Gift
owner/donor gives the property to the donee, who becomes owner
Requirements for Resources through Gift
owner intends to gift
delivers the gift by physical transfer (can be constructive, like giving keys to a car)
Testamentary Gift
gift given through a will
delivery is when they die
Kenyon v. Abel
Kenyon bought a painting for $25 from Salvation Army, which turned out to be worth $15k
Abel ahs been cleaning out his deceased mother’s home and hired movers to take things his home and the Salvation Army
The movers took the wrong pile to Salvation Army and Abel never intended to give the painting away
Abel got his painting back. No intent but delivery
Nonpossessory Interests in Land
do not amount to an estate, but affect the owner’s use of the property
License
temporary grant of authority to fo a specifed thing on the land that belongs to another
permission, NOT A RIGHT
Example: hunting license
Easement
allows the holder of the easement the right to use a tract of land for a special purpose, but not the right to possess and enjoy the land
Affirmative Easement
gives the holder of the easement the right to do something specific on the land
can sell land with easement, can sell easement back to landowner
Ex: utility easement
How to Acquire an Affirmative Easement
through exchange
purchased through landowner or reserved by deed as part of purchase of land
Natural Easement
allows an owner to get to their land by the closest public road
Easement by Prescription
prevents a landowners from blocking someone who has wrongfully used the landowner’s property for a long time
must be open and notorious, adverse, and continuous
Ex: putting in a cattle guard in your driveway so your neighbors cows can’t get to the river, even though they’ve been doing so for 10 years
Duke Energy v. Gray (Easement Case)
Wallace previously owned a piece of land and sold an easement to Duke Power Company. It was for them to maintain power lines, but had to be free of structures. Wallace sells land to Jon Weiland Homes to subdivided the land. Weiland sells a home to Gray (defendant).
3 years later, Duke Power company sends a letter to Gray saying that 3 ft of his house is on their easement. Gray had to remove a portion of his home.
Gray sues everyone.
Bailments
legal relationship in common law, where owner of personal property transfers physical possession of that property for a period of time
only for personal property
Ex: borrwoing, loaning, renting
Bailor
owner who lends
Bailee
who is borrowing, renting, or being lended to
Sole Benefit of Bailor
Bailor is storing furniture in someone’s garage
Bailor is better off (benefiting)
Bailee must use slight care
Sole Benefit of the Bailee
You loan your mower to your neighbor
Bailee is better off
Bailee has high duty to care for the property
Mutual Benefit
Benefits both parties
Ex: rental agreement
Bailee must exercise reasonable care
Rights of the Bailor
end bailment at any time and ask for property back
be compensated for damage to property
sue for breech of bailment contract
Bailor has duty to pay the Bailee and warn of any hidden damages (latent defect) on the property
Limitations on Property
owners right to use resoruces and exclude others from resources
Nuisance
when an owner’s use of their property unreasonably infringes on another’s use and enjoyment of their own property rights
must be unreasonable and/or customary interference
Private Nuisance
unreasonable use of what belongs to one that causes substantial interference with one’s enjoyment
can be invasion of intangibles (light, sound, smell)
depends on who was there first
Ex: the Bradley’s dog kennel and Papa complaining
Public Nuisance
damage that interferes with the enjoyment of publics health and safety
can only be broguht by a public official (governor, mayor) unless there is specific damage to private property
Cook v. Sullivan
Cook owned property in New Hampshire and built a home. Their neighbors purchased property next to them, and then 40 years alter decides to build a home, but had to completely redo the soil for the home. The Cook’s water lines were continuously messed up because of the change in soil structure.
Cook won with private nuisance case because it interfered with their private property
VA College v. SSF Savannah Properties
VA College was operating in a mall and decided to operate a Go-Kart track inside the college. Court ruled to “Split the Baby”, so the Go-Kart can only operate when class is not in session
Splitting the Baby - giving a little to both sides
Zoning
public limitations to protect the public’s health, safety, wellness, and morals
example of police powers
seperates uses of property that are incompatible
can be changes in zoning rules
Ex: strip club next to elementary school