Property law acquisition and transfer of property interests conceptually the creation of a property interest de novo and its transfer from one person to another have little in common the first topic concerns the initial allocation of resources and is closely connected with various theories about the origin of property the second topic involves the more mundane world of everyday legal . South african property law regulates the rights of people in or over certain objects or things it is concerned in other words with a persons ability to undertake certain actions with certain kinds of objects in accordance with south african law among the formal functions of south african property law is the harmonisation of individual interests in property the guarantee and protection . It includes the core legal source materials in property law along with excerpts from social science literature legal theory and economics many of which are not easily accessible to law students these materials are accompanied by a critical commentary as well as notes questions and suggestions for further reading. The difference between the legal definitions of real vs personal property can be seen in many areas of law for instance in contract law sales of real property must always be in writing whereas not all personal property sales contracts need to be written some other legal implications of real and personal property may involve
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