Law 2101 Lecture Notes - Lecture 3: Concurrent Estate, Bailment, Personal Property
3 Mar 2016
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Document Summary
Comes from british law (date back to 1066- feudalism) Kings would grant rights/land/wealth to those in which they chose. Would give rights in temporary (called tenants) The word tenure comes from this and is a right to land given by the king. A relationship between people with respect to things. Real property is land and buildings and anything attached to them: nobody has all the rights to anything, ex. Have to share rights with banks, gas/hydro companies, canada post: fixed and not moveable, either tangible or intangible. Personal property is everything that is not real property. Lawyers discuss property rights instead of ownership because ownership is vague. Goods that are attached to real property. Begin as personal property but when attached to real property, they become real property. You must consider how much damage would occur if you removed the property, and if it was intended to be permanent on the property.
