Property Law in the Common Law Tradition - England
English Property Law
- Personal Property
- Divided into sub-categories:
- Choses in possession: movable things subject to control and physical enjoyment.
- Choses in action: deriving from contractual relationships (e.g., bank accounts, insurance policies).
Real Property: Land as Real Estate
- Estate: indicates the distinctive features of English property law.
- No formal right of ownership.
- The Crown is considered the owner of all land; others hold land in tenure.
- In the feudal system, the King determined the content of the right granted in return for services.
- Property rights on land, held for different periods, were referred to as Estates in land.
Common Law Tradition
- Key Concepts
- 3+G+( ()* &"0+&+#. (actions and inactions)
- Evaluation of the different effects of actions and inactions concerning property
- $&%3& &2+.-, 3). %N%"3+/%0 )-)+.,& %G%"':#0' (the concept of relative and absolute protection)
- 33#