Written by attorneys · grounded in primary & secondary sources — see below
A body of legal rules that establishes relations among persons concerning control of valued resources by granting owners powers to exclude and use while imposing corresponding duties on others. Ownership consists of legally protected expectations of advantage from a thing rather than the thing itself.
Sources & Authorities
How it applies
Common Examples
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Goods Become Fixtures on Land
Phoenix Technologies installs specialized manufacturing equipment in a leased warehouse owned by Paragon Construction. The equipment is bolted to the floor and wired into the building's electrical system in a way that removal would damage the realty. When Phoenix defaults on a loan, the secured creditor claims the equipment as personal property while Paragon asserts an interest under real property law.
Regulation Bars All Development
Patricia Patel purchases coastal lots intending to build homes. A new state statute enacted after her purchase prohibits any permanent structures to protect dunes. The lots retain no economically beneficial use under the regulation, prompting Patel to seek compensation for a total deprivation of value.
Select any source to read its text and confirm it supports the definition.
Cases
Uniform Acts
Restatements
Casebooks
Hornbooks
Course Outlines
Study Supplements
Notice in Trust Accounting
Central Hanover Bank serves as trustee for multiple beneficiaries under a common trust fund. The bank publishes notice of an accounting proceeding in a newspaper but does not mail individual notice to known beneficiaries living out of state. One beneficiary later challenges the binding effect of the accounting decree.
Mullane v. Central Hanover Bank and Trust Co.339 U.S. 306, 313-314 (1950)
Expectation of Privacy in Phone Booth
Katz enters a public telephone booth, closes the door, and places a call. Federal agents attach a listening device to the outside of the booth without a warrant and record his conversation. Katz moves to suppress the recording on the ground that the agents violated his protected interest in the communications.
Katz v. United States389 U.S. 347, 361 (1967)
Promise of Source Confidentiality
Cohen provides documents to a reporter after receiving an express promise that his identity will remain confidential. The newspaper later publishes his name, causing him to lose his job. Cohen sues the publisher for breach of the promise that induced his disclosure of the information.
Cohen v. Cowles Media Co.501 U.S. 663 (1991)
Implied Warranty in Residential Lease
Javins rents an apartment in a building managed by First National Realty Corp. The unit contains numerous housing code violations including faulty wiring and inadequate heat. Javins withholds rent and the landlord seeks possession, asserting that the lease contains no express covenant to repair.
Javins v. First National Realty Corp.428 F.2d 1071 (D.C. Cir.), cert. denied, 400 U.S. 925 (1970)
Common questions
Frequently Asked
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How does property law differ from the physical objects it governs?+
Property law concerns legal relations among persons regarding valued resources rather than the resources themselves. It creates entitlements such as the right to exclude and the privilege to use, which impose duties on non-owners.
Supporting sources
What justifies the legal protection of property rights?+
Protection of property rights creates incentives for efficient resource use, rewards labor, and recognizes personhood interests. Courts and legislatures have long viewed these rules as serving the normative goal of encouraging productive allocation of scarce resources.
Supporting sources
Can property rights be divided and shared among multiple parties?+
Yes. Property law routinely divides ownership into concurrent estates, leaseholds, future interests, and servitudes. Most parcels involve multiple persons who each hold some entitlement to control or benefit from the resource.
Supporting sources
Does property law apply only to land and tangible goods?+
No. Property law also governs intangible assets such as contract rights, intellectual property, and expectations created by law. The same relational framework of entitlements and duties applies to these interests.
Supporting sources
505 U.S. 1003 (1992)Property
…circumstances, but I would not adopt it as a per se rule. The common law of nuisance should not be the sole source of state property law that can defeat a takings claim. Other background principles, including statutes and regulations that existed at the time the owner acquired title, may also be relevant. I would remand for…