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- The legal definition of property includes the following points12345:
- Property is anything that can be owned by a person or entity.
- It encompasses both tangible and intangible items.
- The owner has the right to possess, use, transfer, or dispose of it.
- Property refers to a set of rights over assets.
- These rights grant legal control, use, and disposition of the assets.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Property is anything (items or attributes/tangible or intangible) that can be owned by a person or entity. Property is the most complete right to something; the owner can possess, use, transfer or dispose of it.www.law.cornell.edu/wex/propertyFind the legal definition of PROPERTY from Black's Law Dictionary, 2nd Edition. The ownership of a thing is the right of one or more persons to possess and use it to the exclusion of others.thelawdictionary.org/property/property, an object of legal rights, which embraces possessions or wealth collectively, frequently with strong connotations of individual ownership. In law the term refers to the complex of jural relationships between and among persons with respect to things.www.britannica.com/money/property-legal-conceptProperty refers to a set of rights over assets, tangible or intangible, granting the holder legal control, use, and disposition of these assets. The concept is multifaceted, encompassing various forms and rights. It is fundamental to understanding how the law regulates the use, ownership, and transfer of assets.juristopedia.com/property-legal-definition/Legal Definition of Property? Property includes not only money and other tangible things of value, but also any intangible right considered as a source or element of income or wealth. This also includes the right and interest of which a person holds in lands and chattels to the exclusion of others.www.upcounsel.com/legal-def-property Property legal definition of property
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