General and special property in goods

Abstract

The law of goods remains in a relatively undeveloped state, retaining both a vocabulary and doctrines which derive from the late Year Book period. That vocabulary is expressed in terms of general and special property in goods. The ‘property’ in goods was always regarded as indivisible because there could be no estate in goods. That doctrine survives in the modern rule that ownership of goods is indivisible. The difficulty of reconciling the old language with modern usage is conventionally overcome by assuming that the old terms simply correspond with ownership and possession. It will be argued in this paper that no such correspondence exists because general and special property always represent an aspect of ownership. In order to demonstrate this assertion it is necessary to depart from orthodox doctrine and insist that ownership is severable. This will be illustrated by the way in which proprietary interests behave upon the creation of a pledge and a hiring of goods.