What is private property ? give one example of private property
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- Private property may consist of real estate, buildings, objects, intellectual property.
- This is distinguished from Public Property, which is owned by the state or government or municipality.
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Private Property:-
property owned by private parties - essentially anyone or anything other than the government. Private property may consist of real estate, buildings, objects, intellectual property (for example, copyrights or patents ).
property owned by private parties - essentially anyone or anything other than the government. Private property may consist of real estate, buildings, objects, intellectual property (for example, copyrights or patents ).This is distinguished from Public Property, which is owned by the state or government or municipality.
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