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Real Estate: Foundations of the ontology of property

  • University of Wisconsin-Parkside

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

7 Scopus citations

Abstract

Suppose you own a garden-variety object such as a hat or a shirt. Your property right then follows the age-old saw according to which possession is nine-tenths of the law. That is, your possession of a shirt constitutes a strong presumption in favor of your ownership of the shirt. In the case of land, however, this is not the case. Here possession is not only not a strong presumption in favor of ownership; it is not even clear what possession is. Possessing a thing like a hat or a shirt is a rather straightforward affair: the person wearing the hat or shirt possesses the shirt or the hat. But what is possession in the case of land? This essay seeks to provide an answer to this question in the form of an ontology of landed property.

Original languageEnglish
Title of host publicationThe Ontology and Modelling of Real Estate Transactions
PublisherTaylor and Francis Inc.
Pages35-52
Number of pages18
ISBN (Electronic)9781315237978
ISBN (Print)0754632873, 9780754632870
StatePublished - Oct 24 2017

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