Contractual Right and Proprietary Right
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There are two rights in property law.
The first is ‘contractual right,’ in Latin in personal This is an individual right in essence and comes personally from the debtor.
The second is a ‘proprietary right,’ in rem, which is a right of an object towards the object itself and the whole world.
It follows that a contractual right is only personal against a person, while a proprietary right is towards the object itself.
The differences between these rights are of the essence, as will be explained below.