Law 2101 Lecture Notes - Lecture 19: Nonpossessory Interest In Land, Leasehold Estate, Title Insurance
Document Summary
What are the laws that should determine who gets the stuff: wealth redistribution, 63 richest people own more than 3. 5 billion people combined. Real property law comes from english law, which date back to 1066 when william the. Crown land land owned by government that nobody has been given rights to. Property is a relationship between people with respect to things. Real property: land, buildings, and anything attached to them: it is fixed and not movable. Personal property: everything that is not real property: is either tangible or intangible. Property law involves answering: who has rights to the property, what rights do they have. Non-possessory interests in land: easements/right of way hydro coming to read meter, coming to dig up pipe in back yard, shared driveway (are property interests in land). Have right to use property or come onto property for specific purpose. Must be attached to property to be binding on subsequent owners (runs with property)