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

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.

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

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

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

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

The ability to divide property rights into a bundle of rights that can be held and used separately.

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

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.

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