Property is the study of the nature and functions of property as an institution. The course examines the origins, justifications, and characteristics of private property. The characteristics studied include transferability (both voluntary and involuntary), divisibility (both spatial and temporal as well as functional), and relativity (some claims are superior to others). Property prepares students for the upper-class curriculum by allowing them to see how law functions to allocate resources and to create and distribute wealth.

Key to Codes in Course Descriptions
P: Prerequisite
C: Prerequisite or Concurrent Requirement
R: Recommended Prior or Concurrent Course