In the philosophy on property, one will soon encounter the bundle theory of property. Rather than being a single right, property consist of a set of rights, such as the right to use a good, to exclude others from using a particular good and to transfer ownership to others. Different authors differ on what rights could be distinguish, but virtually all agree on property being a set of rights. Continue reading Real rights
Tag Archives: real rights
Usufruct
In civil law jurisdictions usufruct is the right to use a good which belongs to another, and to enjoy its fruits. It should be distinguished from rent or loan (commodate). The following example should illustrate this. Continue reading Usufruct