Editing Property (section)

=== Types of property ===
Most [[legal system]]s distinguish between different types of property, especially between land ([[immovable property]], [[estate in land]], [[real estate]], [[real property]]) and all other forms of property—[[goods]] and [[Personal property|chattels]], [[movable property]] or [[personal property]], including the [[Face value|value of legal tender]] if not the [[Legal tender|legal tender itself]], as the [[Currency#Control and production|manufacturer]] rather than the possessor might be the owner. They often distinguish [[tangible property|tangible]] and [[intangible property]]. One categorization scheme specifies three species of property: land, improvements (immovable man-made things), and personal property (movable man-made things).<ref>{{Cite web|url=https://www.law.cornell.edu/cfr/text/13/314.1|title=13 Code of Federal Regulations § 314.1 ("Definitions")|access-date=2021-05-09|website=Cornell University's Legal Information Institute|author-link=Economic Development Administration|quote=Property means Real Property, Personal Property and mixed Property. . . . Real Property means any land, whether raw or improved, and includes structures, fixtures, appurtenances and other permanent improvements, excluding moveable machinery and equipment. Real Property includes land that is served by the construction of Project infrastructure (such as roads, sewers, and water lines) where the infrastructure contributes to the value of such land as a specific purpose of the Project.}}</ref>

In [[common law]], [[real property]] ([[immovable property]]) is the combination of [[Rights|interests]] in land and improvements thereto, and [[personal property]] is interest in movable property. Real property rights are rights relating to the land. These rights include ownership and usage. Owners can grant rights to persons and entities in the form of [[lease]]s, [[license]]s, and [[easement]]s.

Throughout the last centuries of the [[2nd millennium|second millennium]], with the development of more complex theories of property, the concept of personal property had become divided{{By whom|date=May 2013}} into tangible property (such as [[Automobile|cars]] and [[clothing]]) and intangible property (such as [[financial asset]]s and related rights, including [[capital stock|stock]]s and [[Bond (finance)|bonds]]; [[intellectual property]], including [[patent]]s, [[copyright]]s and [[trademark]]s; [[digital file]]s; [[communication channel]]s; and certain forms of [[identifier]], including [[domain name|Internet domain names]], some forms of [[network address]], some forms of [[Call sign|handle]] and again trademarks).

Treatment of intangible property is such that an article of property is, by law or otherwise by traditional conceptualization, subject to expiration even when [[Inheritance|inheritable]], which is a key distinction from tangible property. Upon expiration, the property, if of the intellectual category, becomes a part of [[public domain]], to be used by but not owned by anybody, and possibly used by more than one party simultaneously due to the inapplicability of [[scarcity]] to intellectual property. Whereas things such as communications channels and pairs of electromagnetic spectrum bands and signal transmission power can only be used by a single party at a time, or a single party in a divisible context, if owned or used. Thus far or usually, those are not considered property, or at least not private property, even though the party bearing right of exclusive use may transfer that right to another.

In many societies the [[human body]] is considered property of some kind or other. The question of the ownership and rights to one's body arise in general in the discussion of [[human rights]], including the specific issues of [[slavery]], [[conscription]], rights of children under the [[age of majority]], [[marriage]], [[abortion]], [[prostitution]], [[drugs]], [[euthanasia]] and [[organ donation]].