Ownership = exclusive control: possess + use + dispose + exclude; Property = society-sanctioned power over a thing.
Possession splits into two parts: corpus (physical control) + animus (legal intent/element).
Crown vesting = “Treasure → Crown first,” then reward splits by whether the finder had land permission.
Seal is gone (1989); deed = signed + witnessed + delivered; delivery = intention to be bound, not necessarily physical handover.
Escrow = “in a holding scroll”: possession is there, but ownership waits for the condition.
Unities = P I T T (Possession, Interest, Title, Time); severance breaks one → survivorship stops and tenancy in common starts.
Mirror=what you see is what you get; Curtain=what’s behind doesn’t count; Insurance=if it goes wrong, you’re compensated.
| Date | Event |
|---|---|
| 1996 | Treasure rules: Treasures Act 1996 defines treasure and provides Crown vesting (section 4) |
| 1989 | Law of Property Act 1989: abolishes the need for a seal for an individual’s valid execution of a deed |
| 1778 | Blackstone Commentaries: unity in time is part of the four unities for joint tenancy |
Models of property (course-level schools)
| Model | Core idea | What property is |
|---|---|---|
| Realism | Grounded in reality; anti-intellectual stream; possession is central | A concept tied to possession/exclusive control rather than abstract entitlement |
| Rights/estates theory | Property is abstract entitlement expressed through estates/interests; tenure underpins it | A socially accepted power relationship expressed as legal rights (estate/interest) |
| Utility | Focus on usefulness and regulated uses; power to use | A socially allowed set of overlapping uses; non-use is treated as a use |
Teste dein Wissen zu Fundamentals of Property and Land Law mit 14 Multiple-Choice-Fragen mit detaillierten Korrekturen.
1. Which statement best defines property in the legal sense used here?
2. Which statement best captures ownership as described here?
Merke dir die Schlüsselkonzepte von Fundamentals of Property and Land Law mit 14 interaktiven Karteikarten.
Property — definition?
Legal aggregate of rights over something.
Ownership — role?
Most extensive right, including possess, use, dispose, exclude.
Property as a relationship — concept?
Power relationship society recognizes over a thing.
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