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 |
Metti alla prova le tue conoscenze su Fundamentals of Property and Land Law con 14 domande a scelta multipla con correzioni dettagliate.
1. Which statement best defines property in the legal sense used here?
2. Which statement best captures ownership as described here?
Memorizza i concetti chiave di Fundamentals of Property and Land Law con 14 flashcard interattive.
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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