Question

write a brief note on types of land ownership​

Answer 1

Answer:

Ownership refers to the legal right of an individual, group, corporation or government to the possession of a thing. Material ownership is that which is tangible like property, land, car, book, etc. ... Immaterial ownership is that which is intangible like patent, copyright, trademark, etc.

Answer 2

Types of owners

In person

Individuals may own property directly. In some societies only adult men may own property;[citation needed] in other societies (such as the Haudenosaunee), property is matrilinear and passed on from mother to the offspring.[citation needed] In most societies both men and women can own property with no restrictions and limitations at all.

Structured ownership entities

Throughout history, nations (or governments) and religious organizations have owned property. These entities exist primarily for purposes other than to own or operate property; hence, they may have no clear rules regarding the disposition of their property.

Liability for the group or for others in the group

Ownership by definition does not necessarily imply a responsibility to others for actions regarding the property. A "legal shield" is said to exist if the entity's legal liabilities do not get redistributed among the entity's owners or members. An application of this, to limit ownership risks, is to form a new entity (such as a shell company) to purchase, own and operate each property. Since the entity is separate and distinct from others, if a problem occurs which leads to a massive liability, the individual is protected from losing more than the value of that one property. Many other properties are protected, when owned by other distinct entities.

Sharing gains

At the end of each fiscal year, accounting rules determine a surplus or profit, which may be retained inside the entity or distributed among owners according to the initial setup intent when the entity was created. For public corporations, common shareholders have no right to receive any of the profit.

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