Flashcards : Fundamentals of Property and Land Law — 14 cartes

Toutes les cartes

1Question

Property — definition?

Réponse

Legal aggregate of rights over something.

2Question

Ownership — role?

Réponse

Most extensive right, including possess, use, dispose, exclude.

3Question

Property as a relationship — concept?

Réponse

Power relationship society recognizes over a thing.

4Question

Chose in possession — what?

Réponse

Tangible property physically held and controlled.

5Question

Chose in action — what?

Réponse

Intangible legal right to claim performance.

6Question

Ownership (de jure) — meaning?

Réponse

Legal relationship with the strongest rights over a thing.

7Question

Possession — types?

Réponse

Physical control and legal possession, can exist without ownership.

8Question

Relativity of title — principle?

Réponse

Ownership depends on competing claims, not absolute.

9Question

Jus tertii — what?

Réponse

Third-party rights that generally cannot be used as defense.

10Question

Treasure — definition?

Réponse

Old precious-metal items or designated objects by the Treasures Act 1996.

11Question

Crown vesting — rule?

Réponse

Title to treasure passes to the Crown when found.

12Question

Deed — what?

Réponse

Formal written instrument transferring property interest.

13Question

Deed execution — requirement?

Réponse

Signed, stated as a deed, and properly delivered.

14Question

Land registration — principles?

Réponse

Mirror, curtain, insurance; register as factual snapshot.

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1. Which statement best defines property in the legal sense used here?

2. Which statement best captures ownership as described here?

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