Property is a term that refers to any physical or intangible asset owned by an individual or business. Property can include land, buildings, vehicles, financial assets, and intellectual property such as patents, trademarks, and copyrights. Property can also refer to the legal rights associated with owning an asset, such as the right to use, transfer, or sell the asset. Property law governs the various forms of ownership and transfer of property, as well as the various legal relationships between owners, tenants, and other parties with interests in the property.
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