Understanding Property Rights

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In this post, we would like to explain Understanding Property Rights. But first, we need to know the meaning of the property. Property is any item that a person or a business has legal title over. Property owners may also have liabilities, which is the case if a business owner is on the hook for medical expenses resulting from a customer incurring an injury on his company’s grounds.

Real property is one of the most familiar types of property. It includes land, buildings occupying the land, and the rights to use and enjoy the land. Real property is the focal point of real estate, which deals with transactions (e.g., buying, selling, renting, and managing) involving land and buildings used for residential, commercial, and agricultural use.

Property rights define the theoretical and legal ownership of resources and how they can be used. Property rights give the owner or right holder the ability to do with the property what they choose. That includes holding on to it, selling or renting it out for profit, or transferring it to another party. On one hand, we are working with many investors and buyers. On the other hand, we are working with sellers and property owners. That is why we are doing our best to have win-win transactions.

If you need help to sell/buy real estate, please reply! This post is a simple Understanding of Property Rights.

BABAK MEHRABI, Real Estate Salesperson

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1 thought on “Understanding Property Rights”

  1. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post…

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