Property Rights and Rights To People
Property rights are rights over things enforceable against all other persons. By contrast, contractual rights are rights enforceable against particular persons. Property rights may, however, arise from a contract; the two systems of rights overlap. In relation to the sale of land, for example, two sets of legal relationships exist alongside one another: the contractual right to sue for damages, and the property right exercisable over the land. More minor property rights may be created by contract, as in the case of easements, covenants, and equitable servitudes.
A separate distinction is evident where the rights granted are insufficiently substantial to confer on the nonowner a definable interest or right in the thing. The clearest example of these rights is the license. In general, even if licenses are created by a binding contract, they do not give rise to property interests.
Read more about this topic: Property Law
Famous quotes containing the words property, rights and/or people:
“If property had simply pleasures, we could stand it; but its duties make it unbearable. In the interest of the rich we must get rid of it.”
—Oscar Wilde (1854–1900)
“The characteristic of the hour is that the commonplace mind, knowing itself to be commonplace, has the assurance to proclaim the rights of the commonplace and to impose them wherever it will.”
—José Ortega Y Gasset (1883–1955)
“There are times when they seem so small! And then again, although they never seem large, there is a vastness behind them, a past of indefinite complexity and marvel, an amazing power of absorbing and assimilating, which forces one to suspect some power in the race so different from our own that one cannot understand that power. And ... whatever doubts or vexations one has in Japan, it is only necessary to ask oneself: “Well, who are the best people to live with?””
—Lafcadio Hearn (1850–1904)