Chapter

Transfer of intangible property

M G Bridge

in Personal Property Law

Second edition

Published in print November 1996 | ISBN: 9781854315816
Published online March 2012 | e-ISBN: 9780191705144 | DOI: http://dx.doi.org/10.1093/acprof:oso/9781854315816.003.0006
Transfer of intangible property

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In the case of intangible property (things in action), simple physical delivery and a consensual intention to effect a conveyance have never been feasible methods of transfer. This chapter considers priority conflicts between two or more persons claiming an entitlement to a thing. As its alternative name ‘things or choses in action’ indicates, intangible property cannot be physically enjoyed in and of itself. It consists of an entitlement arising from obligations that are enforceable by legal action. As an item of value, intangible property commands a certain price when it is sold to the purchaser.

Keywords: entitlement; intangible property; choses in action; legal action; conveyance

Chapter.  10568 words. 

Subjects: Company and Commercial Law

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