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Ownership
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking.
Data Source : Wikipedia
- Related Topics: Ownership Category, Cadastre - A Cadastre Or Cadaster Is A Comprehensive Recording Of The Real Estate Or Real Property's Metes-And-Bounds Of A Country. Often It Is Represented Graphically In A Cadastral Map, Though Historical Written Accounts, Such As The Domesday Book In England In 1086, Were Early Examples Of Cadastre., Dominium - Dominium Means "Dominion; Control; Ownership"., Ownership Society - Ownership Society Is A Slogan For A Model Of Society Promoted By Former United States President George W. Bush. It Takes As Lead Values Personal Responsibility, Economic Liberty, And The Owning Of Property., Possession (Law) - In Law, Possession Is The Exercise Of Dominion By A Person Over Property To The Exclusion Of Others. To Possess Something, A Person Must Have An Intention To Possess It And An Apparent Purpose To Assert Control Over It. A Person May Be In Possession Of Some Piece Of Property Without Being Its Owner., State (Or Public) Ownership - State Ownership, Also Called Public Ownership Or Government Ownership, Is The Ownership Of An Industry, Asset, Property, Or Enterprise By The National Government Of A Country Or State, Or A Public Body Representing A Community, As Opposed To An Individual Or Private Party., Property, Legal Terminology