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Property is any physical or virtual entity that is owned by an individual. Owners of property have the right to consume, sell, mortgage, transfer and exchange his or her property. Important types of property include real property (land), personal property (other physical possessions), and intellectual property (rights over artistic creations, inventions, etc.). A title, or a right of ownership, is associated with property that establishes the relation between the goods/services and other individuals or groups, assuring the owner the right to dispense with the property in a manner he or she sees fit. Some philosophers assert that property rights arise from social convention. Others find origins for them in morality or natural law (e.g. Saint Irenaeus).

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Wikipedia about property

Property is any physical or virtual entity that is owned by an individual. Owners of property have the right to consume, sell, mortgage, transfer and exchange his or her property. Important types of property include real property (land), personal property (other physical possessions), and intellectual property (rights over artistic creations, inventions, etc.). A title, or a right of ownership, is associated with property that establishes the relation between the goods/services and other individuals or groups, assuring the owner the right to dispense with the property in a manner he or she sees fit. Some philosophers assert that property rights arise from social convention. Others find origins for them in morality or natural law (e.g. Saint Irenaeus).

Use of the term

Various scholarly communities (e.g., law, economics, anthropology, sociology) may treat the concept more systematically, but definitions vary within and between fields. Scholars in the social sciences frequently conceive of property as a bundle of rights. They stress that property is not a relationship between people and things, but a relationship between people with regard to things.

Public property is any property that is controlled by a state or by a whole community. Private property is any property that is not public property. Private property may be under the control of a single individual or by a group of individuals collectively. Some philosophers like Karl Marx use it to describe a social relationship between those who sell their labor power and those who buy it.

General characteristics

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 juristic 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 amendments to the United States constitution, for example, provide explicitly for the protection of private property:

The Fifth Amendment states:

Nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

The Fourteenth Amendment states:

No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law.

Protection is also found in the United Nations's Universal Declaration of Human Rights, Article 17, and in the French Declaration of the Rights of Man and of the Citizen, Article XVII, and in the European Convention on Human Rights (ECHR), Protocol 1.

Search results for Property

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News about Property

New Iberia property owner sues city to stop demolition

The Daily IberianNew Iberia property owner Perry Becnel has filed a temporary restraining order against the city to prevent the demolition of some of his properties at Cherokee and Lafayette streets.http://www.iberianet.com/articles/2008/10/03/news/doc48e4f71...

Singapore property stocks sink as four-year boom ends

TODAYonlineResidential buildings are seen under construction in the ouskirts of financial district of Singapore, in 2007. Singapore property stocks sank on Friday after data showed the city-state's four-year private property boom was over.http://www.todayonline.com/articles/279386.asp

Property tax panel presses on despite fiscal woes

The Ithaca JournalALBANY — The state Commission on Property Tax Relief continues its research on how to reduce taxes on homeowners, even though New York is in a fiscal crisis and faces deficits, panel Chairman Thomas Suozzi said Thursday.http://www.theithacajournal.com/article/20081003/NEWS01/8100...

Supervisors to file complaint in county court over property

The SentinelA blighted, vacant property in Middlesex Township is one step closer to being demolished.http://www.cumberlink.com/articles/2008/10/03/news/local/doc...

Training offered for landlords, property managers

The Topeka Capital-JournalSafe Streets, in collaboration with the Topeka Police Department, will have a Safe Property Management training session from 8 a.m. to 5 p.m. Oct. 14 at Safe Streets, 2209 S.W. 29th.http://cjonline.com/stories/100308/loc_339739708.shtml

News about Property

Trickle down: Lehman woes hurt Oakland development

San Francisco GateSunday, October 12, 2008 SunCal Cos. of Irvine recently began demolishing some of the old buildings on the property in the hills above East Oakland, and had hoped to get final clearance from the city to begin constructing 960 units of housing and 30 ... http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/10/12/...

News Analysis: China at crossroad as world economy wobbles

Xinhua News AgencyFrom 2002, China's strategy of development has been too exposed to foreign investment and the property sector, making China's own enterprises and industry less competitive and risking a failure like the 1997 southeast Asian financial crisis. ... http://news.xinhuanet.com/english/2008-10/12/content_1018316...

Micron Technology Strengthens Its Partnership With Nanya Technology ...

MSN MoneyCentralAll other trademarks are the property of their respective owners. This document contains forward-looking statements including statements related to reductions in operating expenses, the timing of the closing of the first stage of the ... http://news.moneycentral.msn.com/provider/providerarticle.as...

Renewable-Energy Rules: PSC Turns Mostly Cloudy

The LedgerSolar panels will be installed on the roofs of private buildings and on city property. SunEdison makes the investment, the city buys the power and sells it to its customers. For businesses that opt to provide a sunny rooftop, the incentive is a ... http://www.theledger.com/article/20081012/NEWS/810120320/0/Y...

Stellar seven arrested at Rays' Game 2 at Trop against Sox

St. Petersburg TimesSporting a blue Mohawk, Fredericks was walked out the door but he refused to leave the property even after being warned five times. He was hauled off to jail at 11:55 p.m. The arrests, like the game, continued into the early morning hours. At 12:50 a.m ... http://www.tampabay.com/SearchForwardServlet.do?articleId=85...

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Overseas Property Investment Forum - The Totally Property Overseas ...

The overseas investment property and real estate forum by TotallyProperty.com. All issues related to investing in overseas property are discussed on this property forum.http://www.totallyproperty.com/

Brevard County Property Appraiser, Florida. USA

Click here to view slideshow Click here to read article from Fair & Equitable magazine of the International Association of Assessing Officershttp://brevardpropertyappraiser.com/

Property - Property For Sale

Add your property for free on Property.com. Find real estate properties for sale at Property.comhttp://www.property.com/

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Search Australia's largest list of properties for rent and for sale.http://property.com.au/

Osceola County Property Appraiser [ v1.0 ]

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EuroNews - Reporters - Northern Cyprus property boom: good or bad?In the past five years, the north of Cyprus has undergone a property boom. But while it has brought money for some, it has also meant headaches for others. This week in Reporter,...Windows Media - Video

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Other People's Property

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Answers for Property

infinite_1

How close does a persons property have to be to an oil rig to receive royalty payment?

infinite_1It has to be on it
mom

How is the property line between neighbors' homes determined from the property pin?

momBy property pin I assume you mean the property corner. If so the boundary passes thru the middle of it in theory (keep in mind that a typical property corner pin will shift slightly as the ground mov...
winter Haven FL

What if after the sale of personal property, the buyers never chg the title or assessment to their name?

winter Haven FLif you have a bill of sale that was notorized, then you should have no problem proving that you are not the legal owner of the property.
nismosr

Property Tax and Mortgage Interest - Do we get a portion of the money back comes tax return ?

nismosrIf you itemize deductions this year (see if your itemized deductions on 1040, Schedule A exceed your standard deduction, which is $10,700 for married filing joint, $7850 for head of household, $5350 f...
spaceshotx7

How far away from Federal buildings, or property do you have to be to take pictures, or videotape?

spaceshotx7Just wear a shirt that says "Back Off I read the Constitution" and you should be able to photograph the inside of the building considering this is still supposed to be the United States ruled by law a...

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