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Definition: Property Rights

by Portal Web Editor last modified Jan 10, 2013 09:47 AM


 

Property rights refer to a bundle of rights on the use, control, and transfer of assets, including land.


 

 

Property rights may range from private (or semi-private) to leasehold, community, group, shareholder, or other types of corporate rights.

 

Property rights systems include mechanisms to resolve diputes, defend rights, and administer or manage land resources.

 

 

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