LAW 603 Lecture 4: Chapter 17
17 Oct 2016
School
Department
Course
Professor
Document Summary
Date: 2/16/2015 law603 chapter 17 personal property: bailment & insurance. Tangible can touch (goods or chattels) Personal property: movable: by contract, by gift, by possession (e. g. wild animal, intentionally abandoned bike, by finding subject to rights of true owner. Occupier is entitled to things that are found in the private but not public parts of its premises: by creation (e. g. authors) Losing personal property rights: by selling, by leasing (temporarily, by abandoning (i. e. intention to give up control) note: if you lose something or it is stolen, If destroyed your rights are not extinguished: by affixation to land (i. e. fixture) or other chattels. A chattel (movable property) that has been sufficiently affixed, or attached, to land or a building. A fixture belongs to owner of land or building. Commercial leases t has right to remove trade fixtures at end of lease, subject to terms of lease.
