State Property
/ˈsteɪt ˈprɒpərti/
Definitions
- (n.) Assets owned collectively by a government or public authority for official use or public benefit.
The park is designated as state property and maintained through public funds.
Forms
- state property
Related terms
See also
Commentary
The term generally refers to government-owned assets; clarity is important to distinguish from private or municipal property.
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.