Law 2101 Lecture Notes - Lecture 14: Title Insurance, Concurrent Estate, Leasehold Estate
20 Apr 2018
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Richest 62 people in the world own more wealth than half the worlds population (3. 5 billion people) Norman conquest- introduced feudalism- 1000 yrs ago- basic idea that the king owns all the real property/land by virtue of being a conqueror and only the king can grant anyone else an interest in land. King granted rights to people of a temporary nature (tenants- not owners) had a right to possess the land as long as they were faithful to the king- if not faithful had to give up right. Tenure- right to land given by the king. Redistribution of wealth (cid:523)taking stuff rich people have, giving it to people who aren"t rich(cid:524) That"s how the king stayed in power- by giving favours in the form of the right to land to people who. Crown land- land owned by the king that hasn"t been given to anybody. Property is a relationship between people with respect to things.
