ADJUS-120 Lecture Notes - Lecture 14: Sequoiadendron Giganteum, Nonpossessory Interest In Land, Feudalism
Document Summary
An intro to the legal system of the u. s. American property law has its roots in ancient english feudal law. Real v. personal (distinction had historical importance) Overlap with commercial law in regards to personal property and with environmental. Property law is somewhat uniquely local and there is still hints of the legal systems of past colonial rulers in some states. Ownership = i blatantly own my backpack, laptop, etc. Possessory = i don"t own my apartment, but i have possessory interest in the apartment. Non-possessory (usage) = in a beach community, someone might own a beach house with private land, but the community might establish a non-possessory usage of. Unlike england, america developed a written ledger system managed by local governments to certify and keep track of real property ownership. Facts: two parties laid claim to the same tract of land.