Legal Ownership and the Importance of Protecting Intellectual Property
A legal owner of property has the right to use it in any way he or she wants to, and the power to give those rights to another. This is a property interest. It means that the owner has certain rights to property, and a court will enforce those rights if necessary. There are several different types of property ownership:
- Real property interest—This type of property interest means that a person owns land or buildings.
- Personal property interest—This type of property interest means that a person owns physical possessions such as cars, books, and silverware.
- IP interest—This type of property interest means that a person owns some sort of creation. Creations include items such ...
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