Res Nullius

Res nullius (lit: nobody's property) is a Latin term derived from Roman law whereby res (an object in the legal sense, anything that can be owned, even a slave, but not a subject in law such as a citizen) is not yet the object of rights of any specific subject. Such items are considered ownerless property and are usually free to be owned. It is related to Occupatio.

Examples of res nullius in the socio-economic sphere are wild animals or abandoned property. Finding can also be a means of occupation (i.e. vesting ownership), since a thing completely lost or abandoned is res nullius, and therefore belonged to the first taker. Specific legislation may be made, e.g. for beachcombing.

Read more about Res Nullius:  Scope

Famous quotes containing the word res:

    The poem is the cry of its occasion,
    Part of the res itself and not about it.
    Wallace Stevens (1879–1955)