Professional Documents
Culture Documents
Salmond Relation between the person and the object Bundle of rights rights in rem Characters/incidents Right to possess Right to use and enjoy Right to consume, destroy or alienate the thing Indeterminate in duration Residuary in character
OWNERSHIP
Austin Indefinite user Unlimited duration Unrestricted disposition Holland Ownership is plenary control over an object Control over the material objects possession Control over the aggregate of rights Keeton Ultimate right to enjoyment of a thing as full as State permits
OWNERSHIP
Subject matter of ownership Anything capable of owning the thing Acquisition of ownership By operation of law By reason of some act or event Kinds of ownership Corporeal and incorporeal ownership Sole ownership and co-ownership Ownership in Common and Joint Ownership Trust and beneficiary ownership Trust and contract relationship Trust and agency Legal and equitable Ownership Vested and Contingent ownership