Law 2101 Study Guide - Quiz Guide: Execution Unit, Erga Omnes, The Tradition
Document Summary
Absolute rights: rights over an object, in private law they re called property rights (against everyone = erga omnes): Absolute rights in tangibles (land, buildings, cars books) Absolute rights in intangibles (intellectual property, trademarks, claims and shares) Relative rights: rights against a particular person. Effects erga omnes: property rights have an effect against everyone. Droit de suite: if the object of a right falls into the hands of a person who does not hold the right, the right holder can exercise his right against that person ( right to follow) Property law as a cornerstone of (private) law. When a person holds an entitlement to property, this invites the application of other areas of law such as the law of taxation, succession, and marriage. Freedom of ownership: every individual is free to acquire and dispose ownership, property rights ensure the free circulation of goods.
