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Introduction to property

AB
PropertyRights and interests in things that society allows people to claim
TitleRights to ultimate ownership
Ownershipa bundle of rights including title and allowing one full enjoyment of something
PossessionRight of immediate control or power over something to achieve a result
AlienationRight to do away with something
Real propertyRights and interests in land, building, and fixtures
FixturesTangible, moveable things that become permanently attached to land and buildings
DonorPerson giving property
DoneeRecipient of property
Constructive deliveryRepresentative action of a physical delivery
HeirsInheritors
TestateDying with a bona fide will
IntestateDying without a will
DecendentOne who has died
EstateDecedent's property
Valid willHaving been made by someone with mental capacity, clear intent, in writing
EscheatEstate that reverts to the state in the absence of heirs
Adverse possessionAcquiring land by continuous, visible occupation for a time without consent of owner
Eminent domainPower of a state to take real property for public use
DedicationOffering private property for use or ownership to a governmental body
AccessionRight to an increase in the value of property
Lost propertyProperty that is truly lost
Mislaid propertyProperty placed somewhere but then forgotten
Ownership in severaltyOne person holds all property rights and interests
Co-ownershipParties have equal rights to possession and the right to partition


Technology Teacher
Mount Everett Regional School
Sheffield, MA

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