Abstract
The classical law of private property was, for the most part, concerned with the relationships between private individuals. It set the rules for acquisition of property, chiefly through taking first possession of the thing to be owned; it defined the relationship between neighbours, chiefly through the law of trespass and nuisance; it defined the rules for the transfer of property from one person to another, chiefly through the law of conveyancing; and it specified how property could be divided into separate interests over time, chiefly through the law of estates and future interests.
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© 2002 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Epstein, R.A. (2002). Takings. In: Newman, P. (eds) The New Palgrave Dictionary of Economics and the Law. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-74173-1_370
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DOI: https://doi.org/10.1007/978-1-349-74173-1_370
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