Property Right
/ˈprɑːpɚti raɪt/
Definitions
- (n.) A legal entitlement that allows an individual or entity to possess, use, and dispose of something, typically land or personal possessions.
The property right to the land was transferred through the deed.
- (n.) An enforceable claim recognized and protected by law over tangible or intangible assets.
Intellectual property rights protect creators’ inventions and works.
Forms
- property rights
Related terms
See also
Commentary
Property rights vary by jurisdiction and can encompass both physical and intangible assets; clear drafting is essential to specify the scope and limitations of such rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.