Legal
Property has a very broad meaning in its real sense. It is not only just restricted to financial wealth and other tangible (physical) things of value, but it even includes intangibles (non-physical) such as intellectual property rights, stocks & so. Both these tangibles and intangibles can be anything which serves as a source of income or wealth. If an individual owns a property, then the most common legal property rights are the right of possession, control, the right of exclusion, derive income, and disposition. So, property usually refers to anything a person or a business has a legal title over. On having a legal title, an owner can enforce rights over it. This article explores property, its meaning, examples and types. To begin with, firstly, remember these major types of property:
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about 1 years ago