Difference between revisions of "What Is Property?"

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Full liberal rights would consist of all these elements.
 
Full liberal rights would consist of all these elements.
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The [[bundle of rights]] theory is commonly used in first-year law school property
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classes to explain how a property can simultaneously be "owned" in some sense
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by multiple parties. For example, a husband and wife can be owners (technically,
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title owners) of real property that is also encumbered by a mortgage and a
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mechanics lien. Their neighbor may have an easement for a utility line, and a
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license for entry and exit to a nearby plot of land. Planes have the right to
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fly through their airspace. Constitutionally, the state and federal governments
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always holds the right to condemnation, also called eminent domain, and the
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government at multiple levels retains various regulatory rights such as
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environmental regulation, zoning, and building codes.  ([[bundle of rights|From Wikipedia.]])
  
 
==Are there different rights for public property?==
 
==Are there different rights for public property?==

Revision as of 18:47, 22 February 2016