Law 3101A/B Study Guide - Quiz Guide: Adverse Possession, Land Law, English Land Law
Document Summary
Unitary system of ownership the same ownership applies to both movable or immovable objects. They don"t have the ownership, they take it for a limited time. Common law in the narrow sense: land law (immovable objects) Feudal system in landholding (king all land ; others hold land from the king in tenure: personal property law (movable objects) The fee simple absolute in possession freehold . The fee for a term of years leasehold . From the fee simple derives a secondary property right in the form of a fee for a term of years a term of years / leasehold. The primary right is called title (entitlement) the right of exclusive possession to a chattel (bene mobile) Relativity of title it is possible that more than one is entitled to the same chattel. The person with the strongest entitlement will receive the possession. Different from the continental system only one right of ownership can exist on a good.