Sexualidad

TYPES OF PROPERTY


( Property: Legally protected rights and interests in anything with an ascertainable value that is subject to ownership.

( Real Property: Land and everything of value attached to it, such as foliage and permanent structures, or found under it, such as minerals and water.

( Personal Property: Property that is movable – sometimes referred to as chattel orpersonalty.

( Tangible Personalty: Personal property that has physical substance (e.g., a television set or car).

( Intangible Personalty: Personal property the value of which does not depend on physical existence (e.g., stocks, bonds, patents, and copyrights).

( Fixtures: Buildings and other improvements other than trade fixtures attached to real property suchthat

(1) the fixture cannot be removed without causing substantial damage to the real property, or

(2) the fixture is so adapted to and takes on the characteristics of the real property that it becomes part of that real property.
PROPERTY OWNERSHIP


( Fee Simple: Absolute ownership entitling the property owner to possess, use, or dispose of the property as shechooses.

( Concurrent Ownership

( Tenancy in Common: Co-ownership of property in which each party owns an undivided interest in the whole property.

( Joint Tenancy: Joint ownership of property in which each co-owner owns an undivided interest in a portion of the whole property.

( Tenancy by the Entirety: Joint ownership of property by husband and wife, where neither partycan transfer his or her interest in the property without the other’s consent.

( Community Property: Joint ownership of property by husband and wife in which each spouse owns an undivided one-half interest in property acquired during marriage.
ACQUIRING OWNERSHIP: NON-GIFTS


( Ownership of personal property may be obtained in the following ways:

( Purchase: Property rightsmay be acquired in exchange for money or other valuable consideration.

( Possession: Property rights may be acquired by taking possession of unclaimed, lost, or abandoned property.

( Production: Property rights may be acquired by creating the property.

( Accession: Property rights may be acquired by adding value to existing property by personal labor or materials.( Ownership by accession may be subject to challenge if (1) the accession was wrongfully done, or (2) the accession greatly increased the value of the property or changed its identity.

( Confusion: Property rights may be acquired by mixing together goods belonging to two or more persons in such a way so that the separately-owned goods can no longer be identified.
ACQUIRINGOWNERSHIP: GIFTS


( Gift: Any voluntary transfer of property made without consideration, past or present.

( In order for a transfer of property to be considered a gift, the following conditions must be satisfied:

(1) Donative Intent: The donor (the person giving the gift) must intend for the transfer to be a gift;

(2) Delivery: The gift must be delivered to thedonee (the person for whom the gift is intended), who, as a result of the gift, must be free to exercise dominion (ownership rights) over the property in question; and

(3) Acceptance: The donee must accept the gift.

( Inter Vivos Gift: A gift made during the donor’s lifetime and not in contemplation of imminent death.

( Causa Mortis Gift: A gift made in contemplationof the donor’s death. The donee must survive the donor in order to accept the gift. If the donor does not die as expected, the gift is revoked.
MISLAID, LOST, OR ABANDONED PROPERTY


( Mislaid Property: Property with which the owner has voluntarily parted and then cannot find or recover. When mislaid property is found, the finder does not obtain title to the mislaid property, but rather...