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Law Vocabulary Chapter 19

AB
accessionRight of an owner of property to an increase in the property.
community propertyProperty owned equally by spouses.
co-ownershipOwnership existing when two or more persons have the same ownership rights in the same property.
copyrightExclusive right to produce, sell, copy or publish a creative work.
fair useVery limited use of copyrighted material allowed in certain circumstances.
infringementUnauthorized copying, sale, display, or performance of the work.
intellectual propertyPurely tangible personal property that one cannot touch or move.
joint tenancyCo-ownership of property with the right of survivorship available to persons who are not husband and wife.
lost propertyProperty that the owner unknowingly leaves somewhere or accidentally drops.
mislaid propertyAn item that is intentionally placed somewhere but then forgotten.
occupancyMeans of acquiring title by taking possession of personal property that belongs to no one else.
ownership in severaltyOwnership of property by one person alone.
patentExclusive, monopolistic right to make, use, and sell a novel, nonobvious, useful product or process.
personal propertyTangible, movable property and intangible property.
propertyA thing subject to ownership and the related legal rights.
real propertyLand and things permanently attached to the land.
right of partitionAllowance of a co-owner to require the physical or financial division of the property among the co-owners.
right of survivorshipRight of one joint tenant to ownership of property when the other joint tenant dies.
servicemarkUnique word, mark, or symbol that identifies a service of a particular company or person.
tenancy by the entiretiesForm of co-ownership, other than community property, where neither co-owner may sell without the consent of the other.
tenancy in commonCo-ownership of property without the right of survivorship.
trademarkUnique word, mark, or symbol that identifies a product.
trade secretUnpatented formula or process now known to others and which is valuable in business.


Mrs. Staudt

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