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  • Property LAW Workshop 1

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    Dann JOCKER
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    Property law governs ownership rights over tangible and intangible items. The principle of numerus clausus limits property rights to certain standardized forms that can only be created, transferred or destroyed in specific ways. The principle of transparency requires property rights to be specific and public through mechanisms like possession and registration, in order to provide certainty for all parties. Property rights are absolute against all people, whereas personal rights only apply between specific persons in a legal relationship.

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    Property law governs ownership rights over tangible and intangible items. The principle of numerus clausus limits property rights to certain standardized forms that can only be created, transferred or destroyed in specific ways. The principle of transparency requires property rights to be specific and public through mechanisms like possession and registration, in order to provide certainty for all parties. Property rights are absolute against all people, whereas personal rights only apply between specific persons in a legal relationship.

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    6 views1 page

    Property LAW Workshop 1

    Uploaded by

    Dann JOCKER
    Property law governs ownership rights over tangible and intangible items. The principle of numerus clausus limits property rights to certain standardized forms that can only be created, transferred or destroyed in specific ways. The principle of transparency requires property rights to be specific and public through mechanisms like possession and registration, in order to provide certainty for all parties. Property rights are absolute against all people, whereas personal rights only apply between specific persons in a legal relationship.

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    Workshop Property LAW

    Exercise 1
    1)What is property law?
    Property is anything (items or attributes/tangible or intangible) that can be owned by a person or
    entity. Property is the most complete right to something; the owner can possess, use, transfer or
    dispose of it.
    2) What is the principle of numerus clausus?

    Two aspects:
     Number and content of property rights
    The way in which these rights can be created, transferred or
    destroyed
    3) What is the principle of transparency and the role it plays in Property Law?

    Two aspects
     Specificity
     Publicity
    Possession
    Registration
     Policy
    Exercise 2
    Property rights are absolute (erga omnes); property rights are enforceable against third parties.
    Personal rights are relative (inter partes); personal rights result from a legal relationship between two
    (specific) persons; personal rights are enforceable only against parties to the particular legal
    relationships.

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