Law 5110 Study Guide - Quiz Guide: Usufruct, Droit De Suite, Erga Omnes
Document Summary
Partias creditorum: - equality of the creditors (claims b and c are equal in rank) Personal security: - one person undertakes the liability for someone else"s debts (parents pay rent for student) Property security: - goods of a person (usually debtor) are sold off to the debt. Reservation: - civil law: seller may reserve or retain his primary right until the payment is fulfilled (contract of sale) Fiducia cum creditore: - civil law:- transfer of ownership for security purposes. = transfers right of ownership under resolution (usually payment of outstanding claim) until it is fulfilled (obligation) Lesser property rights: - comprise permission/ competence which normally belong to holder of primary right. Divided in: - lesser property rights to use. Lesser rights to acquire an other legal position. Lesser rights to use: - property rights that entitle the holder to use object for a limited duration of time (are more extensive in content) For longer period of time (less extensive content)
