Intro to Property and Commercial Law (LAWS5008)

UNIT OF STUDY

Property law and commercial law are two key sources of rights and obligations in modern western law. This subject provides an introduction to both areas of law, and shows the ways in which they are inter-related. The unit is designed to provide an opportunity to consider the role these areas of law play in Australian society, as well as giving a good grounding in legal principle.

Key topics covered will include: notions of "property"; an introduction to personal property (including ownership, possessory and security interests); an introduction to real property (including the doctrine of tenure and estates and rights to fixtures); an overview of the principles underpinning old system, Torrens and native title to land; the nature and classification of legal and equitable interests in land and personalty; the principles governing the creation and assignment of rights to property at common law and in equity (including by sale and by compulsion - such as by bankruptcy), and an introduction to the statutory and general law principles for resolving competing claims to property. Additionally, the unit provides an opportunity to develop problem-solving skills and skills in interpreting statutes dealing with the creation and transfer of, and priorities between, proprietary interests

Our courses that offer this unit of study

Further unit of study information

Classes

2x2-hr lectures/week (for 5 weeks) and 1x2-hr lecture and 1x2-hr tutorial/week (for 5 weeks)

Assessment

1hr mid-term test (30%) and 2hr final exam (70%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

LAWS5000

Prohibitions

LAWS2012, LAWS2004, LAWS2007

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.