ACQUISITION Flashcards
(40 cards)
What are real rights?
Rights in things enforceable against anyone who interferes with them
What is a good faith possessor?
Someone who possesses something in belief that they are the owner
What is derivative acquisition?
Derives from someone else
What is original acquisition?
No previous owner
What is occupatio?
Acquisition of property that is unowned
What is accessio?
Occurs when an accessory thing becomes attached to a principle thing and is subsumed and loses its identity
What is mixture and confusion?
Merger of things that is inseparable - mixing two different wines
What is specificatio?
When a completely new thing arises from a merger and cannot be turned back into its original state
What is fruits?
Fruits of a thing belong to an owner of a thing
What happens if a good faith possessor takes the fruits?
They become owner on separation and only accountable to any unconsumed fruits
What is treasure trove?
If a man finds treasure on his own land he can keep it all but if he finds it on someone else land he can only keep half
What is usucapio?
When someone becomes owner after possessing something for over a certain period of time
What is the length of time for uninterrupted possession of moveables?
Three years
What is the length of time for land?
10 years if in same province and 20 years if in a different province
What type of conveyance is traditio?
Informal conveyance
What is the first requirement for traditio?
The thing being transferred has to be capable of acquisition
What is the second requirement for traditio?
The transferor had to have the capacity to give ownership and the transferee had to have the. capacity to receive it
What is the third requirement for traditio?
The transferor had to intend to transfer ownership and the transferee had to intend to revive ownership
What is the fourth requirement for traditio?
No one could give what he did not have
What is the fifth requirement for traditio?
There had to be physical transfer of possession or the equivalent in law
What is traditio brevi manu?
When someone is already in possession of something and. wants to acquire ownership and the owner is happy to do so and the possessor can become owner without giving it back. The original owner does not need to re-deliver the item
What is constitutum possessorium?
When someone is made a new owner without physically having possession of the thing
What is traditio longa manu?
When you receive delivery by being put into the sight of the land
What is symbolical delivery?
When a new owner is made as soon as the keys are handed over