CIVIL LAW PROPERTY

CIVIL LAW
Property includes the right of any person to:
Possess
Use and enjoy
Dispose
of a thing

CIVIL LAW
The term “ownership” is used synonymously with rights in property. Thus, one is said to be the owner of a certain property, meaning that he has certain interests in the designated thing.
Continental Law system – the word “property” is used to indicate subject matter in which rights exist.
Common Law system – the word “property” is traditionally used to describe not the object itself, but rather that interest in the object that the law recognizes.

CIVIL LAW
Classification of property
Property
Real property Personal property
Land, buildings, divided into tangible (animals,
fixtures erected on furniture, books, etc)
or affixed to the land and intangible (copyrights, shares, insurance policies, other similar contract rights)