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13 Cards in this Set

  • Front
  • Back
Constructive Delivery
having a symbol of a gift substituted in its delivery.
Accession
the right of an owner of property to all that property produces, naturally or artificially, or to significant increase in that property.
Lost Property
created when the owner does not know when or where it disappeared from the owner's possession.
Mislaid Property
is placed intentionally somewhere but then forgotten.
Occupancy
acquiring title by taking possession of personal property that belongs to one else.
severalty
ownership of all property rights by oneself.
Co-ownership
when two or more persons have ownership rights in the same property.
right of partition
allows any co-owner to legally compel the division of the property among the co-owners.
Joint tenancy
the co-ownership of the same property with the right of survivorship.
tenancy in common
the number of shares owned may be equal or unequal, and there is no right of survivorship.
tenancy by the entireties
usual form of co-ownership between husband and wife, carrying equal interest and the right of of survivorship.
community property
each spouse owns a one-half interest in such property.
right of survirorship
means that if one of the joint owners dies, the remaining owner or owners still retain their ownership right to the whole property.