property

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Property, in the abstract, is what belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, it is one or more components (rather than attributes), whether physical or incorporeal, of a person's estate; or so belonging to, as in being owned by, a person or jointly a group of people or a legal entity like a corporation or even a society. Depending on the nature of the property, an owner of property has the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it (as a durable, mean or factor, or whatever), or at the very least exclusively keep it.
In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property).Property that jointly belongs to more than one party may be possessed or controlled thereby in very similar or very distinct ways, whether simply or complexly, whether equally or unequally. However, there is an expectation that each party's will (rather discretion) with regard to the property be clearly defined and unconditional, so as to distinguish ownership and easement from rent. The parties might expect their wills to be unanimous, or alternately every given one of them, when no opportunity for or possibility of dispute with any other of them exists, may expect his, her, its or their own will to be sufficient and absolute.
The Restatement (First) of Property defines property as anything, tangible or intangible whereby a legal relationship between persons and the state enforces a possessory interest or legal title in that thing. This mediating relationship between individual, property and state is called a property regime.In sociology and anthropology, property is often defined as a relationship between two or more individuals and an object, in which at least one of these individuals holds a bundle of rights over the object. The distinction between "collective property" and "private property" is regarded as a confusion since different individuals often hold differing rights over a single object.Important widely recognized types of property include real property (the combination of land and any improvements to or on the land), personal property (physical possessions belonging to a person), private property (property owned by legal persons, business entities or individual natural persons), public property (state owned or publicly owned and available possessions) and intellectual property (exclusive rights over artistic creations, inventions, etc.), although the last is not always as widely recognized or enforced. An article of property may have physical and incorporeal parts. A title, or a right of ownership, establishes the relation between the property and other persons, assuring the owner the right to dispose of the property as the owner sees fit.

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  1. G

    QLD Can I stop the sale of a property or sue the agent or agency

    My complaint We had been dealing with real estate Andrew Flanagan regarding purchasing a property in Wilston. We submitted an offer to purchase the property which at the time was not accepted. The following day we offered a higher amount but knocked back as they wanted to continue to auction...
  2. G

    QLD Can I stop the sale of a property or sue the agent or agency

    My Complaint We had been dealing with real estate Andrew Flanagan regarding purchasing a property in Wilston. We submitted an offer to purchase the property which at the time was not accepted. The following day we offered a higher amount but knocked back as they wanted to continue to auction...
  3. T

    NSW Entitlements to personal property.

    Greetings. Husband has Court-ordered interim occupancy of the marital home which was one of two apartments that comprise a property of which the wife is the registered owner. The wife lives in the other apartment. Consent orders require him to vacate within a certain period after payment to him...
  4. L

    NSW Where to from here - division of property

    Hi Everyone, I was hoping that you could offer me some advice. I am a bit lost. I'll try to keep it short and not overshare too much. My wife and I separated in March 2020. I and our two sons left after she reported me to the Police. I was arrested for damaging property and the Police put a...
  5. C

    VIC Abandoned Property - can I take ownership of house

    My neighbour who lives overseas, (no way to contact them as I don't have their details) have abandoned the house they previously used as an investment property. It has now been vacant for over 10 years and fallen into disrepair. What steps can I take to claim ownership?
  6. H

    VIC Owning property both as a tenant in common and as a joint proprietor

    Is anyone aware if an owner can own 1/4 share of a property as a tenant in common whilst being a joint proprietor in the 3/4 balance share with 2 other additional co owners? I.E: owner A owns 25% of the property whilst the remaining 75% of the property is jointly owned by owner A, B & C.
  7. J

    VIC Property settlement and primary carer considerations with abusive husband. DHHS/ family violence intervention order

    I have a Family Violence Intervention Order against me at present, which means I can’t see my children, who are living with their father, from whom I am separated ( not divorced as it hasn’t been twelve months). In regards to property settlement, what is the likelihood of the court giving my...
  8. Thinkaboutit

    WA Civil Damages for Stolen Property?

    I recently had a bike stolen and noticed it was advertised and sole on Gumtree the next day. Immediately after the theft I reported it to the police and also put them in contact with Gumtree community support so they could work out who the bike was sold too (as buyer would need the sellers...
  9. S

    NSW Rights on fence on my property

    My property has a fence in my back garden which divides my property from my neighbour (height 2.1m). This neighbour has recently extended their garage at the rear or the property to incorporate a living room and deck to overlook their pool. The room has a window which extends to approx 3m in...
  10. loveorfear

    NSW Telling the truth online

    Hi - so people I bought property with overseas have told lots of lies, broken clear agreements, and extorted me from my agreed share in the property, including blocking access to it, and not paying any rent for over two years. They are rich and hiding, obfuscating and not answering questions...