LAW 201 Lecture Notes - Lecture 5: Smartphone, Nonpossessory Interest In Land, Bailment
9 Mar 2018
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Is essentially about how different parties will compete for claim to a property (concept of possession) Property can come in many forms: land real property / real estate , personal property tangible items (ex. What are the rights attached to ownership of property: alienation, alienate interest by sale or lease, again, subject to regulations. Limits to rights of ownership: property rights give the owners broad right of, 1) use and enjoyment, 2) exploitation, 3) alienation, but they are not unlimited. To some extent findings certain things can give claim to someone in the eyes of the law (to an extent: realistically however in most of these cases, finding a specific item remains inferior to the actual appropriate owner. It always comes down to who is the first possessor of the item, and then if that owner subsequently gives consent to ownership to someone else.
