Lec5PropertyLaw.pptVIP

Lec5: Property Law 费维宝 外语学院英语系 The Law of Property The old common law(普通法,英美法) was preeminently(显著地) the law of real property(不动产); and the distinction between “real property” and “personal property”(动产) was a crucial one(区别). Generally speaking, real property means real estate(房地产)— land and buildings—but it also includes such things as growing crops. Everything else—money, stocks and bonds, jewelry, cars, carloads of lumber, IOUs（借据）bank deposits is personal property. （动产） We all have a stake （利益）in real estate, since we all live somewhere; and we work, study, and travel somewhere, t