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Property Law and the Internal Market

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Abstract

Not often has the case law of the CJEU been applied to property law. There are many more aspects of property law that could be influenced by case law of the CJEU. The four freedoms can influence property law. To a large extent, the free movement of goods and its effect on property law, especially retention of title, has been considered. Because property law, in most Member States, forms a coherent system, the rules that apply to one property right also apply to other property rights. The effects of the four European freedoms on national property law can therefore potentially be more far reaching than just property security rights on movables, such as retention of title. This contribution seeks to explore some of the effects of the existing case law of the CJEU on property law in general. In doing so, this contribution focuses on the free movement of goods, capital and services.
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... 39 Може се закључити да Уговор не даје дефиницију појма кретање капитала. Уговором се предвиђа могућност увођења заштитне мере од стране државе чланице, којом се ограничава кретање капитала, под следећим условима: недискриминација у примени између домаћих и страних држављана, заштита јавног интереса или безбедности, пропорционалност и да се циљ није могао остварити другом мером (Akkermans, 2009). Да ли се члан 345 Уговора, који прописује да уговори неће ни на који начин утицати на прописе држава чланица, који регулишу стварно право, може протумачити у смислу да Европска унија нема надлежност над том облашћу? ...
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In all post-feudal legal systems, the basic ways of owning property are limited in number and are standardized, in the sense that courts will enforce as property only interests that are built from a list of recognized forms. In the common law, this principle has no name and is invoked only semi-consciously; it is known in the civil-law tradition as the numerus clausus. This Article adopts this term for the corresponding understanding in the common law, and advances an information-cost theory that explains the ubiquity and durability of the doctrine. The numerus clausus can be seen at work in a variety of areas, including estates in land, concurrent interests, nonpossessory interests, interests in personal property, and intellectual property. The Article argues that the principle serves throughout the law of property to reduce third-party information costs. Because of their in rem nature, property rights give rise to third-party information costs in a way that contract rights do not. Individuals trying to avoid violating property rights or investigating whether to acquire them need to gather information. Those creating property rights will in some situations have too little incentive to conform to the most popular forms, requiring a degree of mandatory standardization. As it operates in practice, the numerus clausus strikes a rough balance between the costs of frustrating parties' objectives on the one hand and third-party information costs on the other. The Article demonstrates that this information-cost theory provides a better account for the numerus clausus than do alternative positive and normative views, including those based on the sufficiency of notice, network effects, private standards, anti-fragmentation concerns, and the increasing importance of contract-based rights. Finally, the Article shows that, because it tends to preclude judicial innovation in the basic forms of property rights, the numerus clausus acts as an institutional-choice mechanism that channels innovation in the menu of property rights to legislatures. In keeping with the basic information-cost theory, legislative creation and abolition of property rights is likely to lead to lower information costs than would judicial entrepreneurship in this area.
Zum Einfluß der Warenverkehrsfreiheit auf das nationale und internationale Sachenrecht der Mitgliedstaaten Sachenrecht und Insolvenzrecht unter dem EG-­‐Vertrag, 60 (Beiträge zum ausländischen und internationalen Privatrecht
  • M Kieninger
  • Mobiliarsicherheiten Im Europäischen
  • Binnenmarkt
M. Kieninger, Mobiliarsicherheiten im Europäischen Binnenmarkt. Zum Einfluß der Warenverkehrsfreiheit auf das nationale und internationale Sachenrecht der Mitgliedstaaten Sachenrecht und Insolvenzrecht unter dem EG-­‐Vertrag, 60 (Beiträge zum ausländischen und internationalen Privatrecht; Tübingen: J.C.B. Mohr (Paul Siebeck), 1996), p. 135-­‐136.
et seqEuropean Property Law: A methodology for the future', in Reiner Schulze and Hans Schulte-­‐Nölke, European Private Law – Current Status and Perspectives
  • Kluwer
Kluwer, 2007), p. 693ff., J. H. M. v. Erp, 'From " classical " to modern European property law?', Essays in honour of Konstantinos D. Kerameus/Festschrift für Konstantinos D. Kerameus (Athens/Brussels: Ant. N. Sakkoulas/Bruylant, 2009), p. 1517 et seq, J.H.M. van Erp, 'European Property Law: A methodology for the future', in Reiner Schulze and Hans Schulte-­‐Nölke, European Private Law – Current Status and Perspectives (München: Sellier European Law Publishers, 2011), p. 227 et seq. 156 Research on the property law acquis is currently being undertaken at the Faculty of Law in Maastricht by ms. Eveline Ramaekers LLM. Contributions and criticism are more than welcome in the search for the property law acquis.
154 On this same idea seeObligations and property: Exploring the BorderHet goederenrecht als open systeem van verbintenissen? Poging tot een nieuwe kwalificatie van de vermogensrechten
  • K G C Alia
  • V Reid
  • R Sagaert
  • J H M Libchaber
153 Exactly this happened in the Reisch decision. This point exactly was taken up by AG Scharpston in the case Zambrano, in which she argued for a new approach towards internal market law. See AG Sharpston, opinion to Case C-­‐34/09 Gerardo Ruiz Zambrano v Office National de l'Emploi (ONEM), delivered on 30 September 2010. 154 On this same idea see, inter alia, K. G. C. Reid, 'Obligations and property: Exploring the Border', Acta Juridica, 227 (1997), 225-­‐245, V. Sagaert, 'Het goederenrecht als open systeem van verbintenissen? Poging tot een nieuwe kwalificatie van de vermogensrechten', Tijdschrift voor Privaatrecht, 42/3 (2005), 983-­‐1086, R. Libchaber, 'La recodification du droit des biens', Le Code civil 1804-­‐2004; Livre du Bicentenaire (Paris: Dalloz/Lexis Nexis Litec, 2004), 297-­‐372, J. H. M. v.
53 On the proportionality test and private law see, inter alia, J. Israël, European Cross-­‐Border Insolvency Regulation
53 On the proportionality test and private law see, inter alia, J. Israël, European Cross-­‐Border Insolvency Regulation (Antwerpen Oxford: Intersentia, 2005), p. 119-­‐120. 54 Case 261/81 Rau v. De Smedt [1982] ECR 3961.
  • G De Búrca
  • Eu Law
Craig and G. De Búrca, EU Law. Text, Cases and Materials (4th edition, Oxford: Oxford University Press, 2007), p. 708-­‐709.
  • E M Kieninger
E.M. Kieninger, Mobiliarsicherheiten im Europäischen Binnenmarkt. Zum Einfluß der Warenverkehrsfreiheit auf das nationale und internationale Sachenrecht der Mitgliedstaaten (Baden-­-Baden: Nomos Verlagsgesellschaft, 1996), p. 173-­-174. See also E.M. Kieninger, 'Securities in Movable Property within the Common Market', European Review of Private Law/4 (1996), 41-­66, p. 63-­-64.
Sachenrecht und Insolvenzrecht unter dem EG-­-Vertrag, 60 (Beiträge zum ausländischen und internationalen Privatrecht
  • P Wilmowsky
  • Europäisches Kreditsicherungsrecht
P. Wilmowsky, von, Europäisches Kreditsicherungsrecht. Sachenrecht und Insolvenzrecht unter dem EG-­-Vertrag, 60 (Beiträge zum ausländischen und internationalen Privatrecht;
On the proportionality test and private law see, inter alia
On the proportionality test and private law see, inter alia, J. Israël, European Cross-­-Border Insolvency Regulation (Antwerpen Oxford: Intersentia, 2005), p. 119-­-120.
Het goederenrecht als open systeem van verbintenissen? Poging tot een nieuwe kwalificatie van de vermogensrechten
  • V Inter Alia
  • Sagaert
For such endeavours see, inter alia, V. Sagaert, 'Het goederenrecht als open systeem van verbintenissen? Poging tot een nieuwe kwalificatie van de vermogensrechten', Tijdschrift voor Privaatrecht, 42/3 (2005), 983-­-1086, p. 983ff., J. T. Füller, Eigenständiges Sachenrecht?, Band 104 (Jus Privatum. Beitrage zum Privatrecht;