Property Law

The main legal property rights are the right of possession, the right of control, the right of exclusion, the right to derive income, and the right of disposition. There are exceptions to these rights, and property owners have obligations as well as rights.


Property law covers two types of property in the common law legal system, real property and personal property. In the civil law system, there is a division between movable and immovable property. Movable property is more or less the same as personal property.