Concept Of Property

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Concept Of Property :

Property is any physical or intangible entity that is owned by a person or jointly by a group of people. Depending on the nature of the property, an owner of property has the right to consume, sell, rent, mortgage, transfer, exchange or destroy their property, and/or to exclude others from doing these things. 


What is the legal concept of property?

Definition of property: 

(i) The term property includes all the legal rights of a person. That is to say that it includes complete ownership of a man on material as well as incorporeal things. (ii) The term includes not a man's personal rights, but only his propritary rights. 


What is a legal interest in prperty?

What is a legal interest in property. A legal interest in property gives the owner a right of control over the property. That allows him or her to possess it, use it however he or she wishes, or sell or transfer it. The legal owner is the person or people who are registered at the Land Registry on the title deeds. 



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