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The ability to legally pass on property rights to another, through sale, lease, or inheritance.

The right of a property owner to employ and take the benefits of their property as they see fit.

The capacity of property rights to be sold or otherwise transferred from one party to another.

A characteristic of property rights allowing continuity or permanence over time.

The extent to which property rights are apparent and can be ascertained by others.

The characteristic that defines the intricacy of legal and regulatory conditions pertaining to property rights.

The characteristic that one person’s use of property rights diminishes another person’s ability to use it.

The conditional aspect of property rights, subject to compliance with laws and regulations.

Ensuring that property rights are recognized and protected by the legal system.

One of the fundamental attributes of property rights, denoting that the rights holder can exclude others from use or interference.

The degree to which property rights holders can access or use their property.

The imposition of compulsory levies on property by a governmental entity.

The feature that allows property rights to be passed down to heirs through will or inheritance law.

Refers to the property’s characteristic of being interchangeable with other identical items or rights.