Search results
Results From The WOW.Com Content Network
Movable property on land (larger livestock, for example) was not automatically sold with the land, it was "personal" to the owner and moved with the owner. The word cattle is the Old Norman variant of Old French chatel , chattel, and today cheptel (derived from Latin capitalis , "of the head"), which was once synonymous with general movable ...
Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Bailment is a legal relationship in common law, where the owner transfers physical possession of personal property ("chattel") for a time, but retains ownership. [1] The owner who surrenders custody of a property is called the "bailor" and the individual who accepts the property is called a "bailee". [2]
However, some property, despite being physical in nature, is classified in many legal systems as intangible property rather than tangible property because the rights associated with the physical item are of far greater significance than the physical properties. Principally, these are documentary intangibles.
An officer in possession of property may ignore a conversion of the same by a wrongdoer and proceed to sell the property on execution, the purchaser then being permitted to sue the wrongdoer for the conversion of the property. [137] A transferee of personal property, or interest therein, who acquires the right of possession by or through the ...
For example, ownership of a house is never proven by mere possession of a house. Possession is a factual state of exercising control over an object, whether the object is owned or not. Only a legal (possessor has legal ground), bona fide (possessor does not know lack of right to possess) and regular possession (not acquired through force or by ...
An example of an extremely rich royal grave of the Iron Age is the Terracotta Army of Qin Shi Huang. [ 16 ] In the sphere of the Roman Empire , early Christian graves lack grave goods, and grave goods tend to disappear with the decline of Greco-Roman polytheism in the 5th and 6th centuries.
Larceny is a crime involving the unlawful taking or theft of the personal property of another person or business. It was an offence under the common law of England and became an offence in jurisdictions which incorporated the common law of England into their own law (also statutory law), where in many cases it remains in force.