About This Chapter
Property Law Basics - Chapter Summary
Utilize this chapter to study up on the basic premises of property law. The lessons will guide you through the extent of property law, what it covers, and how property law can be violated. Topics you will review within this chapter are as follows:
- A comparison of personal property and real property
- A description of real property ownership
- The different types of estates
- Interest in real property
- The process of voluntary property transfer
- An overview of involuntary property transfer cases
- The penalties and laws related to trademark infringement
- Examples of patent infringement
You can judge a study guide in part by who made it, and our study materials have been handcrafted by experts in the fields of law and business. With their years of experience, our instructors know the major topics that are most likely to be addressed on any assessment. Their experience and knowledge allows them to build lessons that are filled with only the most pertinent information available. Furthermore, our instructors keep up with changes in their fields, and the lessons reflect those changes.
Besides having a background in the fields related to property law, our instructors also understand pedagogy, so they know how to implement proven learning strategies that will help you retain more information. Those strategies include an interactive study guide with both visual and auditory components. The video lessons help you see the information and understand the examples, and the accompanying transcripts provide you with traditional notes to memorize and review.
1. Real Property and Personal Property: Definition and Differences
Much of business law deals with property. There are actually two different types of property: personal property and real property. This lesson explains the differences between these two types of property.
2. Extent of Ownership and Real Property: Air, Surface & Subsurface
When you buy real property, you gain several different kinds of rights. You'll likely own a bundle of rights that includes more than just the surface area of the land. This lesson explains air, surface, and subsurface rights.
3. Interest in Real Property: Types of Estates
There are several different ways a party can own an interest in real property. There are possessory types of interests and non-possessory types of interests. This lesson explains the main types of real property ownership.
4. What is Voluntary Property Transfer? - Defining Title by Deed
A conveyance happens when a property owner transfers property to a new owner. This is known as a voluntary property transfer, or title by deed. This lesson explains voluntary property transfers and title by deed.
5. Involuntary Property Transfer Case Study: Condemnation & Eminent Domain
Sometimes title to property transfers from one party to another without one party's consent. This is known as an involuntary property transfer. One type of involuntary property transfer is known as condemnation. The federal government has the power to condemn properties through its power of eminent domain. This lesson looks at a fairly recent Supreme Court case involving condemnation through eminent domain.
6. Trademark Infringement: Laws and Penalties
Trademark infringement occurs when someone uses another's trademark without permission from that trademark's owner. There are various state and federal laws that protect trademarks. This lesson explains trademark infringement and the laws that cover trademark infringement.
7. Patent Infringements: Definition and Cases
Patent infringement is a complicated civil cause of action. There are many, various components to patent infringement. Generally, it's the use of a patented object without the patent owner's permission. This lesson explains patent infringement.
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Other chapters within the GACE Business Education (542): Practice & Study Guide course
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