|
Property
Property designates those things commonly recognized as the entities in respect
of which a person or group has exclusive rights. Important types of property
include real property (land), personal property (other physical possessions),
and intellectual property (rights over artistic creations, inventions, etc.). A
right of ownership is associated with property that establishes the good as
being "one's own thing" in relation to other individuals or groups, assuring the
owner the right to dispense with the property in a manner he or she sees fit,
whether to use or not use, exclude others from using, or to transfer ownership.
Some philosophers assert that property rights arise from social convention.
Others find origins for them in morality or natural law.
Modern property rights conceive of ownership and possession as belonging to
legal individuals, even if the legal individual is not a real person.
Corporations, for example, have legal rights similar to American citizens,
including many of their constitutional rights. Therefore, the corporation is a juristi person or artificial legal entity, which some refer to as "corporate
personhood".Property rights are protected in the current laws of states usually
found in the form of a Constitution or a Bill of Rights. The fifth and the
fourteenth amendment to the United States constitution, for example, provides
explicitly for the protection of private property:
Types of property-This sign declaring a parking lot to be "private property"
illustrates one method of identifying and protecting property. Note the
citations to legal statutes.
This sign declaring a parking lot to be "private property" illustrates one
method of identifying and protecting property. Note the citations to legal
statutes.Most legal systems distinguish different types (immovable property,
estate in land, real estate, real property) of property, especially between land
and all other forms of property - goods and chattels, movable property or
personal property. They often distinguish tangible and intangible property (see
below).One categorization scheme specifies three species of property: land,
improvements (immovable man made things) and personal property (movable man made
things).In common law, real property (immovable property) is the combination of
interests in land and improvements thereto and personal property is interest in
movable property.Later, with the development of more complex forms of
non-tangible property, personal property was divided into tangible property
(such as cars, clothing, animals) and intangible or abstract property (e.g.
financial instruments such as stocks and bonds, etc.), which includes
intellectual property (patents, copyrights, and trademarks).
Who can be an owner?-Ownership laws may vary widely among countries depending on
the nature of the property of interest (e.g. firearms, real property, personal
property, animals). In some societies only adult men may own property.[citation
needed] In some societies legal entities, such as corporations, trusts, and
nations (or governments) own property.In the Inca empire, the dead emperors, who
were considered gods, still controlled property after death. Learn Property,
SCHOOLS Property, COLLEGES Property, INSTITUTES Property Coaching Property,
Masters Property, Doctorate Property, Postgraduate Property, Useful Property,
University Property, Scholarships Property, Programme Property, Phd Property,
Jobs Property, Work Property, Careers Property, Information Property,
Information Property, Courses Property, Guidance Property, Graduate Property,
Higher Studies in Property. |
