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Civil and Common Property Law: Caveat Comparator – The Value of Legal Historical-Comparative Analysis

Abstract: Although civil law and common law show growing convergence in the area of contract and tort law, still a large divergence can be seen in the area of property law. The most important explanation for this divergence is the historical development of these two legal systems. However, as a result of economic integration unification of property law seems to become unavoidable, especially with regard to security interests. In this article property law is analysed from a comparative and historical viewpoint, taking into account the close connection between the law and economic reality.