First Principles of Business Law

2.1. Property rights in land

2.1.1. Distinguishing ownership, leases and easements

In the previous part of this module you have learned about the various special terms and concepts that provide the foundation of understanding property law.

In this section, you will learn more about how various property rights in land can be acquired and transferred by private individuals. The particular property rights to be considered are:

• Private ownership of land
• Private leases of land
• Easements over another person's land

The principles and rules of law will be explained through questions arising from a case study. Through this process you will quickly understand how property law works in practical situations.  Go to the next page to read the basic facts of the case study.