Understanding Property Law
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Understanding Property Law

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The area of law that controls the various types of ownership in personal property and real estate is known as property law. Property indicates the legally protected claims to resources like land, personal property and intellectual property. It can be exchanged through contract law. If the laws of property are violated, one can sue under tort law in order to protect it. The concept, idea and philosophy of property form the basis of property law. There are two views on property rights. These views are the traditional view and the bundle of rights view. The traditional view believes that there is...