Property I - Ortiz
Property I - Ortiz
Property I - Ortiz
I) GENERAL
A) Definition
1) Property is a tangible or intangible resource that can belong to someone
2) Legally, it’s the relationship between persons and resources
B) Bundle of Rights
1) Right of Possession
(a) Eg. transferable with leases
2) Right to Use
(a) Eg. Easements
3) Right to Disposition
(a) Eg. Can be devised in a will. Not all property can do this
4) Right to Exclusion
(a) Biggest Right! Whats the use of property if you cannot exclude others from taking it.
(i) Limitations
The right to exclude people from your property does not mean you have a right to exclude people
coming to see people you have living on your property. [Access to migrant workers case]
Common carriers cannot exclude person by discriminating in who they transport
(ii) Right to destroy
For nonliving property you can pretty much destroy it at will
For living property (eg. Animals) you can be restricted by public policy
After your dead
Courts do not like to follow instructions to destroy property you own after you die. Its
wasteful and public policy likes not wasting perfectly good property.
C) Acquisition by Creation
1) Quasi-property
(a) An owner may not hold property rights against the public, but may maintain property rights against
specific individuals (competitors).
(b) News can be a quasi property
(i) There is no right to the news itself because it is general knowledge, but writing about the news
makes a literary work that is property. An intellectual property is useless if it can’t be protected
2) Common Law Invention Protection
(a) You own the physical stuff you create, but others can copy it at will as long as there is not a recognized
common law right or statute to the contrary.
(b) The rule is that there is ownership in the actual chattel, but no ownership rights in the design.
3) Types
(a) Patents, Copyrights and Trademarks.
(i) You do not have to distinguish these for the exam
(ii) You do need to know that modern law recognizes that ownership of the intellectual property rights
gives you the exclusive use of that right.
(b) Trademarks
(i) Any bad faith (for profit) use of another’s trademark in a domain name is prohibited under the
ACPA and the domain can be transferred or cancelled.
(ii) Its got to be a use for profit. You can even use a rivals trademark in ads as long as they are not misleading.
4) Body Parts
(a) You have no property rights in your own body and cannot sell your organs. You can sell severable stuff
like hair and plasma though.
(b) You can’t recover money for your disgusting hairy cell cultures when a doctor uses them to make millions .
(c) Primogeniture
(i)Eldest son takes over property for inheritance
Favored by rich folks
(ii)
(iii) I don’t care if the eldest daughter has a son that’s older than the youngest son of the intestate. It’s
the property of the eldest son of the dead guy, not a grandkid.
[Puppy Helmet] [Property I Outline] [Professor Ortiz] [Spring 2008] 7
(d) Utlimageniture
(i) Youngest son takes over property
(ii) Favored by poor folks because it keeps the land in the family longer
(e) Coparceny
(i) If all you got is daughters to inherit the land by intestate succession they take it in equal shares
simultaneously in a system called coparceny. I think this word is funny…you probably don’t care.
3) A court will stricken the restraint in a contract and allow the rest of the contract to stand.
4) 3 Types of restraints on alienability
(b) Disabling Restraint – states that all attempts to pass title are null.
(c) Forfeiture Restraint – if grantee attempts to transfer title, the land is forfeited to another.
(d) Promissory Restraint – grantee promises not to alienate the land at the threat of civil remedies
(i) Promissory restraints are usually considered valid
5) Restraints on a life estate:
4) Accountings
(a) Its an action you can bring in court to get your just due
(i) The court will look at the books between the tenants and determine who owes what.
5) Costs and Benefits between co-tenants
(a) cotenants are obligated to share benefits (business, rental, etc) between themselves.
(b) There is a right of contribution between cotenants for taxes, mortgage payments, etc. This is because
danger of tax foreclosure effects everyone.
(i) There is an exception. If there is only one cotenant in possession of the land he cannot force the
others to help pay taxes.
(c) Necessary repairs will create a credit during an accounting.
(d) Improvements to the land will not be credited for or accounted for, but the court will consider the
improvements in making physical partition or distribution of funds from a judicial sale.
6) Cotenant Fiduciary Relationships
(a) fiduciary relationships create an obligation to treat joint tenants in good faith
(i) Cotenants are fiduciaries only if:
Family (some jurisdictions)
(ii) Shifty Foreclosure buyout
If a there is a foreclosure on the land owned by the co-tenants and one of the cotenants buys up
the whole of the land at the foreclosure sale the Purchasing cotenant was being shifty and finding
a way to buy everyone else out in a way that does not conform with good faith
(iii) Adverse Possession of Cotenants
You can’t have adverse possession of a cotenant you are related to.
E) Marital Interests
1) Common Law Marital Property during marriage
(a) General rules
(i) Husband and wife will maintain separate property during marriage; whatever you bring in, you keep.
(ii) Married women’s property act
gave the woman the right to control her own property. Traditionally, all property went
immediately into the man’s name. This would preclude a woman’s debtors from being able to
reach anything (as she couldn’t really run up a debt without owning collateral).
Coverture
the idea that a woman is under the protection of the man, and was not legally a person.
2) Marital Creditors
(a) Group I – (doesn’t follow married wonan’s property act))
(i) Common Law Jurisdictions - The husband’s creditors could reach his portion of a Tenancy by the
entirety (TE), but the woman would retain a right of survivorship over the marital property. The
wife’s property couldn’t be attacked here without the husband’s consent, as she really didn’t hold
any property. IE if the creditor obtains a judgment against the husband, he would get a defeasible
estate which could be defeated by the wife outliving the husband.
(b) Group II
(i) Common Law Jurisdictions with a Married Woman’s Property Act – Creditors can reach either
spouse’s portion of a TE, but the other party would maintain a right of survivorship.
(c) Group III
(i) No creditor can reach the tenancy by the entirety without consent from both spouses.
(d) Group IV