Any movable thing or intangible item of value that is capable of being owned by a person and not recognized as real property.


. The term “ court of the United States ” includes the Supreme Court of the United States, courts of appeals, district courts constituted by chapter 5 of this title, including the Court of International Trade and any court created by Act of Congress the judges of which are entitled to hold office during good.

There are two main categories of proprietary rights - Estates in Land and Interests in Land.

This can consist of assets and ownership rights of a person.

. See also proprietary interest, proprietary lease, and proprietary rights. Aug 28, 2019 · In the sense that it means every single legal claim that a person could or might have over or in the thing.


For example, an author has a. First, the sellers must receive a “definite and material” interest in the purchasing corporation. Powered by.

(A) Can ‘S’ claim any rights in the house by way of implied trust (B) how the size of any share will be calculated (C) whether ‘S’ can claim any right to stay or any other remedy on the basis of proprietary estoppel. .

In very general terms estoppels operate to enforce the terms of a promise.


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The. It explains the remedies available to enforce proprietary rights at common law (such as conversion) and in equity (including knowing receipt and dishonest assistance).

Code § 451 - Definitions.
A non-proprietary interest is essentially bilateral: generally only one other person is under a duty correlative to the right held by the right holder.



. Feb 22, 2023 · Ownership interest in a co-owned property, on the other hand, may involve, for example, one party owning a 75 percent stake in the property versus a 25 percent stake held by a second owner. wex.

Code § 451 - Definitions. A proprietary interest is a right to own one’s property. . Proprietary Interest means any legal, equitable or other ownership, whether through stock holding or otherwise, of an interest in a business, firm or entity; provided, that ownership of less than 5% of any class of equity interest in a publicly held company shall not be deemed a Proprietary Interest. 2.


. com%2fproprietary-interest/RK=2/RS=m_7VUx7ZKCIzY6rL3pR4IWTnWpY-" referrerpolicy="origin" target="_blank">See full list on upcounsel.

Much of this Chapter is concerned with the circumstances in which the courts have implied an intention to create a proprietary interest.


: used, made, or sold only by the particular person or company that has the legal right to do so.

The owner of a property, whether tangible or intangible, has certain rights.

Related to Proprietary Security.