Transcription of Property Law Notes
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Property LawWhat is Property : -A physical object of value-Held publicly or privately -A collection of enforceable rights-A collection of enforceable )Can be alienated inter vivos or on deathb)Except Aboriginal land(1)Only alienable to the System: -A registration system with two functions: the written legal effect to registrationa)Given by relevant information related to titleb)Creates indefeasible title (Land Title Act )-Legal interest is good against the as against the person making it-Equitable interest is formed by making a binding contract-Has three underlying principles: Principlea)Title is a complete reflection of all interestsb)Except enumerated exceptionsc)Unregistered documents may have an effect (Land Title Act ) Principlea)Immediate indefeasibility of title (1)Conclusive in law and equity (Creelman v.
b) Crown Grants (Land Act s.50) (1) Normally given for leases, rights of way, and licenses of occupation c) 7 land districts (1) Four offices d) Surveying of Land 2. Land Title Act a) BC Torrens Land Registration System b) Requires Transfers on Form A and a single page (Land Title Act s.185) (1) Unless another statute allows a different form
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