Common law plays an important role in how universities handle property transfers. It does this through established case law and past decisions that guide how these transactions are performed. This legal framework helps ensure that property rights, responsibilities, and processes are followed consistently, which reduces conflicts and creates a stable environment for schools.

First, the rules about land ownership and transfer from significant court cases help shape university policies on buying and selling property. For example, ideas like "fee simple" and "easement rights" guide universities in managing their real estate. These concepts explain how much land someone owns and what rights they have to use nearby properties. This is important for planning and expanding campuses.

Second, past court cases help universities establish practices for solving problems that may come up during property transfers. Important decisions, such as those related to adverse possession (when someone claims land over time) or responsibilities in transactions, teach universities about potential risks and what they need to check before moving ahead. For instance, if a university buys land that someone else has claimed for a long time, knowing about adverse possession can help avoid expensive legal issues.

Lastly, common law also shapes the agreements involved in property transfers. The strength of contracts, which is a key part of common law, gives universities confidence that their agreements—whether they are buying land, leasing it, or partnering with private groups—are legally valid. Because they can rely on established case law, universities can confidently engage in property transactions, which helps them grow and develop their campuses.