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Study sets matching "personal property"

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Study sets matching "personal property"

11 terms
Personal Property
homeowner's insurance
real property
personal property
types of homeowner's insurance coverage
A policy that protects against risk of loss to a home and its…
Permanent structures, such as buildings.
The contents of your home - such as furniture, appliances, cl…
Fire and Other hazards... Criminal Activity... Personal Liability
homeowner's insurance
A policy that protects against risk of loss to a home and its…
real property
Permanent structures, such as buildings.
39 terms
GA PROPERTY & CASUALTY INSURANCE TEST - PERSONAL AUTO
Personal Automobile Policy
Financial Responsibility State
Financial Responsibility
Compulsory Insurance Laws
• Accounts for 40% of all premiums ... • Vehicles registered to…
• Georgia is a financial responsibility state ... o To legally o…
may be show by the following: ... 1. Personal automobile insuran…
25/50/25 state minimum limits (split) ... $25,000 bodily injury…
Personal Automobile Policy
• Accounts for 40% of all premiums ... • Vehicles registered to…
Financial Responsibility State
• Georgia is a financial responsibility state ... o To legally o…
10 terms
Personal Property
acquire
assess
asset
hazardous
adquirir
evaluar
activo
peligroso
acquire
adquirir
assess
evaluar
10 terms
Personal Property
acquire (v.)
assess (v.)
asset (n.)
hazardous (adj.)
to get something, usually something with special value or mea…
to estimate the value of something for taxation
a thing of value, especially property, that a person or compa…
risky, dangerous
acquire (v.)
to get something, usually something with special value or mea…
assess (v.)
to estimate the value of something for taxation
10 terms
Personal Property
acquire
assess
asset
hazardous
v. To get something, usually something with special value or…
v. To estimate the value of something... The Barnes building was…
n. A possession that has positive value... Usage tips Some examp…
adj. Dangerous... Parents have to be careful not to buy children…
acquire
v. To get something, usually something with special value or…
assess
v. To estimate the value of something... The Barnes building was…
9 terms
Personal Property
Personal property
Personal property
Emblements
Trade Fixtures
chattel, personalty
Not attached to land, is movable, it does NOT pass w/ the lan…
Personal property of the one who did the planting-CORN
Business Fixtures
Personal property
chattel, personalty
Personal property
Not attached to land, is movable, it does NOT pass w/ the lan…
10 terms
Personal Property
acquire
assess
asset
hazardous
(v.)... To get something, usually something with special value o…
(v.)... To estimate the value of something
(n.)... A possession that has positive value
(adj.)... Dangerous
acquire
(v.)... To get something, usually something with special value o…
assess
(v.)... To estimate the value of something
10 terms
Personal Property
acquire
assess
asset
hazardous
to get something, usually something with special value or mea…
to estimate the value of something
a possession that has a positive value
dangerous
acquire
to get something, usually something with special value or mea…
assess
to estimate the value of something
42 terms
Personal Property
Personal Property
Crops
Conveyance of land with crops
Doctrine of emblements
Personal property is property that is movable.
Crops such as trees, bushes, grass, and other vegetation that…
When conveying land, any crops that grow on the land, includi…
Former tenants have the right to enter land to cultivate and…
Personal Property
Personal property is property that is movable.
Crops
Crops such as trees, bushes, grass, and other vegetation that…
10 terms
Personal Property
acquire
assess
asset
hazardous
v. To get something, usually something with special value or…
v. To estimate the value of something
n. A possession that has positive value
adj. Dangerous
acquire
v. To get something, usually something with special value or…
assess
v. To estimate the value of something
27 terms
Personal Property
Ratione soli
Bailment
Bailment solely for the benefit of the…
Mutual benefit bailment requires:
landowner has constructive possession of wild animals while t…
Delivery of personal property by one person to another who ho…
Slight care
Ordinary care
Ratione soli
landowner has constructive possession of wild animals while t…
Bailment
Delivery of personal property by one person to another who ho…
14 terms
Personal Property
Cases on Acquisition of Property Right…
Post v. Pierson: Ownership by Occupancy
Liesner v. Wayne
Ragione soli doctrine
Post v. Pierson... Liesner v. Wayne
-Property right acquired by first occupancy... -Elements:... -Spec…
Specific Test:... 1. Deprivation of liberty; brought under contr…
...
Cases on Acquisition of Property Right…
Post v. Pierson... Liesner v. Wayne
Post v. Pierson: Ownership by Occupancy
-Property right acquired by first occupancy... -Elements:... -Spec…
17 terms
Personal Property
Bundle of Rights
Right to Use
Right to Possession
Right to Disposition
1. Right to possession... 2. Right to use... 3. Right to dispositio…
The property owner has the right to possess the property. If…
A property owner has the right to possess the property. This…
Allows the property owner to dispose of the property as he or…
Bundle of Rights
1. Right to possession... 2. Right to use... 3. Right to dispositio…
Right to Use
The property owner has the right to possess the property. If…
11 terms
Personal Property
To be entitled to copyright protection…
If a wild animal becomes ensnared in a…
What is an accession?
What is a fixture?
(i) new and original; ... (ii) in a concrete rather than abstra…
the owner of the trap
the addition of value added to property by the expenditure of…
A fixture is an item of personal property that has been affix…
To be entitled to copyright protection…
(i) new and original; ... (ii) in a concrete rather than abstra…
If a wild animal becomes ensnared in a…
the owner of the trap
10 terms
Lesson 22: Personal Property
acquire
assess
asset
hazardous
To get something, usually something with special value or mea…
To estimate the value of something
A possession that has positive value
Dangerous
acquire
To get something, usually something with special value or mea…
assess
To estimate the value of something
23 terms
Personal Property
Lost Def
Mislaid Def
Abandoned Def
Lost Entitled to Possession
accidentally and involuntarily parted with property and dont…
intentionally placed and thereafter forgotten
intent to give up title and possession
Finder, except against true owner
Lost Def
accidentally and involuntarily parted with property and dont…
Mislaid Def
intentionally placed and thereafter forgotten
10 terms
Personal Property
Creation of New Property - 3 requireme…
copyright
Replevin (CL) has been replaced in Mic…
Adverse possession of Personal Property
1. work must be in an actual form - not just an idea... 2.must b…
owners lifetime plus 70 years... if owner is anonymous - 95 yea…
claim and delivery
i) actual... ii) open and notorious (hard to satisfy)... iii) hosti…
Creation of New Property - 3 requireme…
1. work must be in an actual form - not just an idea... 2.must b…
copyright
owners lifetime plus 70 years... if owner is anonymous - 95 yea…
95 terms
Personal Property
personal property
leaseholds
crops
doctrine of emblements
moveable, which includes anything that is not real property
leases of land for a term of years are classified as personal…
crops that grow spontaneously on land are real property (fruc…
a former tenant can reenter and remove crops planted by him p…
personal property
moveable, which includes anything that is not real property
leaseholds
leases of land for a term of years are classified as personal…
19 terms
Personal Property
Personal Property
Ownership
Custody
Possession of personalty
Moveable Property. ... Leases of land for a term of years are c…
Is a measure of rights in the property as against all the wor…
Is mere physical control of personalty.
Is custody plus an intent to assert a right of dominion over…
Personal Property
Moveable Property. ... Leases of land for a term of years are c…
Ownership
Is a measure of rights in the property as against all the wor…
60 terms
Personal Property
Gift giving
Deeds
Pilck
Williams
Giver has thing or rights to it... Intends to give it... Gives effe…
s9 PLA... In writing... Identifies item... Witnessed... Signed... Delivered…
Silver Plate... Cannot gift something in the future
Pianola... Delivery is required, ceremony sufficient
Gift giving
Giver has thing or rights to it... Intends to give it... Gives effe…
Deeds
s9 PLA... In writing... Identifies item... Witnessed... Signed... Delivered…
8 terms
Personal Property
Tenancy by entireties termination
joint tenancy in personal property
Transfer of title
Lost, Mislaid, or abandoned
death... divorce... joint conveyance
NOT recognized BUT tenancy in common with right of survivorship
no better title than transferor... voidable title- good title to…
lost- casually and involuntarily parts with possession and do…
Tenancy by entireties termination
death... divorce... joint conveyance
joint tenancy in personal property
NOT recognized BUT tenancy in common with right of survivorship
13 terms
Personal Property
Lost vs. Abandon Property
Finder of lost property
Trespasser
Highly Private Locus
The fact that property is lost or mislaid does not mean the o…
Finder is entitled to possession of lost property except agai…
Items found by trespassers belong to the true owner. period
Areas that are considered highly private - like a home - give…
Lost vs. Abandon Property
The fact that property is lost or mislaid does not mean the o…
Finder of lost property
Finder is entitled to possession of lost property except agai…
Personal Property
Found Property: Primary principle:
Found Property: Second principle:
Found Property: Third principle:
Found Property: Traditional Categories:
return to the owner, if possible.
reward the finder, if no owner.
escheat of certain property to state.
Abandoned property;... Lost property;... Mislaid property;... Treas…
Found Property: Primary principle:
return to the owner, if possible.
Found Property: Second principle:
reward the finder, if no owner.
18 terms
Personal Property
4 main rights in property
real property
personal property
found property
exclude, possess, use, transfer... if you have all these it is…
land and everything affixed to the land with the intent that…
all property that is not real property... it is moveable ... litera…
who gets possession? who is in court? ... found by a finder and…
4 main rights in property
exclude, possess, use, transfer... if you have all these it is…
real property
land and everything affixed to the land with the intent that…
10 terms
Personal Property
acquire
assess
asset
hazardous
To get something, usually something with special value or... mea…
To estimate the value of something
A possession that has positive value
Dangerous
acquire
To get something, usually something with special value or... mea…
assess
To estimate the value of something
23 terms
Personal Property
acquire
acquisition
acquisitive
assess
придобивам, сдобивам се
придобивка, постижение
възприемчив
оценявам
acquire
придобивам, сдобивам се
acquisition
придобивка, постижение
20 terms
Personal Property
Real Property vs. Personal Property
Abandoned Property
Lost Property
Mislaid Property
All land and everything afixed to the land with the intent th…
(1) Is it abandoned?... -Abandoned if owner has voluntarily giv…
Found property where owner took no voluntary or affirmative a…
Owner has taken some voluntary or aff. act in placing it down…
Real Property vs. Personal Property
All land and everything afixed to the land with the intent th…
Abandoned Property
(1) Is it abandoned?... -Abandoned if owner has voluntarily giv…
30 terms
Personal Property
Real Property
Personal Property
Found Property - Categories
Found Property - Abandoned Property -…
All land & everything affixed to the land with the intent tha…
All property that's not real property, it's movable
Abandoned... Lost... Mislaid
1. Is it abandoned? 2. If it is, has someone acquired rights…
Real Property
All land & everything affixed to the land with the intent tha…
Personal Property
All property that's not real property, it's movable
17 terms
Personal Property
Capture of Unowned Property
Tortuous Conversion for Bona Fide Purc…
Finder of Lost Property
Misplaced Property Definition
when an individual manifests the intent to own by exercising…
(1) Transfers of money or other negotiable instruments, ... (2)…
Finder entitled to keep it, unless trespassing or true owner…
Property that R-seems to have been intentionally placed in a…
Capture of Unowned Property
when an individual manifests the intent to own by exercising…
Tortuous Conversion for Bona Fide Purc…
(1) Transfers of money or other negotiable instruments, ... (2)…
10 terms
Personal property
Acquire
Assess
Asset
Hazardous
Giành được, đạt được
Định giá
Của cải, tài sản thuộc quyền sở hữu
Dangerous
Acquire
Giành được, đạt được
Assess
Định giá
11 terms
Personal Property
Personal Property
Intellectual Property
Patent
Copyright
Everything, other than real property, that can be owned
An original work fixed in a tangible medium of expression
A grant giving an inventor the exclusive right to make, use,…
A right granted to an author, composer, photographer, or arti…
Personal Property
Everything, other than real property, that can be owned
Intellectual Property
An original work fixed in a tangible medium of expression
18 terms
Personal Property
Personal property
Intellectual property
Patent
Copyright
is everything, other than real property, that can be owned
is an original work fixed in a tangible medium of expression
is a grant giving an inventor the exclusive right to make, us…
is a right granted to an author, composer, photographer, or a…
Personal property
is everything, other than real property, that can be owned
Intellectual property
is an original work fixed in a tangible medium of expression
21 terms
Personal Property
Found Property
Lost Property
Mislaid Property
Abandoned Property
Where property is lost or mislaid, there is no divestiture of…
a) Property is lost when the owner has accidentally and invol…
a) Property is mislaid when, judging from the place where fou…
a)Definition: Property is abandoned when the owner has volunt…
Found Property
Where property is lost or mislaid, there is no divestiture of…
Lost Property
a) Property is lost when the owner has accidentally and invol…
34 terms
Personal property
Bargain and sale
Property in goods
Ownership in goods
Incorporeal property
Договор купли-продажи
Право собст на товар
Право собст на товар
Нематериал собственность
Bargain and sale
Договор купли-продажи
Property in goods
Право собст на товар
25 terms
Personal Property
Real Property
Personal Property
Fixtures
Leaseholds
Property that cannot be moved (e.g., land).
Movable property (e.g., personal possessions).
Chattel converted from personal property to real property by…
Estates in land.
Real Property
Property that cannot be moved (e.g., land).
Personal Property
Movable property (e.g., personal possessions).
9 terms
Personal Property
Property is Abandoned when
Lost Property
Mislaid Property
Inter-Vivos Gifts
1. Voluntarily given up possession... 2. Intent to give up control
1. No Voluntary Affirmative Act... 2. Accidental... Finder gen wins
1. Voluntary Act in Placing it down + ... 2. Leaves it Behind... O…
1. Donative Intent... 2. Valid Delivery... 3. Valid Acceptance
Property is Abandoned when
1. Voluntarily given up possession... 2. Intent to give up control
Lost Property
1. No Voluntary Affirmative Act... 2. Accidental... Finder gen wins
Personal Property
Real Property
Personal Property
Fructus Naturales
Fructus Industriales
Immovable property, consisting of land, things fixed to land…
Moveable, which includes anything that is not real property
Crops that grow spontaneously on the land are real property
Crops that are the result of human labor--generally regarded…
Real Property
Immovable property, consisting of land, things fixed to land…
Personal Property
Moveable, which includes anything that is not real property
23 terms
Personal Property
Real Property - Definition
Personal Property - Definition
Doctrine of Emblements
Fixtures
All land and everything affixed to the land with the intent t…
All property that is not real property, i.e. movable. ... Examp…
former tenant can reenter and remove crops planted by him pri…
A chattel annexed to real property is converted from personal…
Real Property - Definition
All land and everything affixed to the land with the intent t…
Personal Property - Definition
All property that is not real property, i.e. movable. ... Examp…
Personal Property
Personal Property
Trover
Trespass
Replevin
All things not real property and moveable, including copyright
recover value of chattel plus damages for dispossession
recover money damages for dispossession
recover the chattel himself
Personal Property
All things not real property and moveable, including copyright
Trover
recover value of chattel plus damages for dispossession
10 terms
personal property
acquire
assess
asset
hazardous
...
...
...
...
acquire
...
assess
...
11 terms
Personal property
Personal property
Acquire
Asset
Hazardous
Tài sản cá nhân
(V)... Giành được
(N)... Của cải, tài sản
(Adj)... Nguy hiểm
Personal property
Tài sản cá nhân
Acquire
(V)... Giành được
Personal property
Assess
Asset
Jointly
Lease
Định giá
Tài sản
Cùng nhau
Thuê trong thời gian dài
Assess
Định giá
Asset
Tài sản
9 terms
Personal Property
Acquire
Assess
Asset
Hazardous
Приобретать, овладеть
Оценивать, определять стоимость
Имущество, фонды
Опасный, рискованный
Acquire
Приобретать, овладеть
Assess
Оценивать, определять стоимость
62 terms
Personal Property
Requirements for copyright
Possessor without title can pass title…
Fraudulent co-mingling of like goods
Adverse Possession of Personal Property
(i) new and original; ... (ii) in a concrete rather than abstrac…
Generally, one who does not have title to goods cannot pass t…
An owner who fraudulently comingles her goods with the same k…
Possession must be:... (i) actual; ... (ii) open and notorious; ... (i…
Requirements for copyright
(i) new and original; ... (ii) in a concrete rather than abstrac…
Possessor without title can pass title…
Generally, one who does not have title to goods cannot pass t…
11 terms
Personal Property
Personal Property
Intellectual Property
Patent
Copyright
Everything other than real property, that can be owned
An original work fixed in a tangible medium of expression
A grand=t giving an inventor the exclusive right to make, use…
A right granted to an author, composer, photographer, or arti…
Personal Property
Everything other than real property, that can be owned
Intellectual Property
An original work fixed in a tangible medium of expression
10 terms
personal property
acquire(v)
assess(v)
asset(n)
hazardous(adj)
to get something, usually something with special value or mea…
to estimate the value of something
a possession that has positive value
dangerous
acquire(v)
to get something, usually something with special value or mea…
assess(v)
to estimate the value of something
39 terms
Personal Property
Abandoned Property
Acquiring rights to abandoned property
Safe Deposit Boxes
Lost and Unclaimed Property Act
(1) Intention by the owner to voluntarily relinquish the pers…
Finder must had possession with the intent to assert title an…
All personal property that goes unclaimed for 3 years after e…
The finder of personal property prevails over all others, inc…
Abandoned Property
(1) Intention by the owner to voluntarily relinquish the pers…
Acquiring rights to abandoned property
Finder must had possession with the intent to assert title an…
84 terms
Personal Property
Chattels Perosnal
Chattels Real
Choses in Action
Detinue
moveable, visable and tangible
Any interest in real estate less than a freehold estate. Incl…
Perosnal Rights that are not reduced to possession but are re…
P seeks to recvoer PP that has been wrongfully taken or detai…
Chattels Perosnal
moveable, visable and tangible
Chattels Real
Any interest in real estate less than a freehold estate. Incl…
10 terms
Personal property
Acquire
Assess
Asset
Hazardous
To get something, usually something with special value or mea…
To estimate the value of something
A possession that has positive value
Dangerous
Acquire
To get something, usually something with special value or mea…
Assess
To estimate the value of something
17 terms
Personal Property
Abandoned Property
Lost and Mislaid Property... (lost)
Lost and Mislaid Property... (mislaid)
Lost and Mislaid Property... (rules)
1. Is it abandoned?... --owner VOLUNTARILY give up POSSESSION wi…
found property where the owner took NO voluntary affirmative…
found property where the owner has taken some VOLUNTARY act i…
MISLAID --> owner or occupier of the premises on which the pr…
Abandoned Property
1. Is it abandoned?... --owner VOLUNTARILY give up POSSESSION wi…
Lost and Mislaid Property... (lost)
found property where the owner took NO voluntary affirmative…
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