Cluster 2: Property law - Limited property rights

4 important questions on Cluster 2: Property law - Limited property rights

What is limited property rights of use?

Limited property rights of use grand thhe holder the right to make use of the object iself.

What are limited property rights of security?

These allow the owner of the object to utilize the value of the object.

What is the goal of security rights?

It gives the limited property right holder the security that in the event the grant does not fulfill obligations to pay a sum of moneey e may exercise his property right and take the object (insolvency)

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What are the 2 types of security rights?

Hypothec/mortgage security rights: immovable objects
Pledge/charge security rights: movables and tangibles

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