in a broad sense the word ‘‘property’’ in the law of property refers to
everything that forms part of a person’s estate. In a narrow sense and for the purposes of
this module, property law refers to the law of things, which is the system of legal rules
that regulates legal relationships between legal subjects in regard to a particular legal
object, namely a thing.
LAW OF THINGS:
a branch of private law which consists of
a number of legal rules that determine the nature, content, vesting, protection,
transfer and termination of various real relationships between a legal subject and a
thing, as well as the rights and duties ensuing from these relationships.
A legal subject can be defined as any person (whether a natural or a legal person)
capable of acting as a subject in legal relationships and of acquiring rights and incurring
duties in the process