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Do owners of real, intellectual, and personal property each have the same rights under the law?

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Owners of different types of property (physical, intellectual, etc) all have different provisions under the law. Due to the different nature of these types of property, there are differences in what ownership and use of them means.

Real property is physical and can clearly be attributed to the owner. An individual owns a vehicle and has a record of purchase. This can be enforced and agreed upon since it is fairly obvious who owns it. They have very solid protection under the law because it is tangible property.

Personal property deals more with personal items that are physical but are presumed to be yours because you possess them. For instance, a chair handed down from a parent is personal property even if there isn’t proof of purchase. It is also tangible as enforceable, because you clearly have possession of it.

Intellectual property is intangible and therefore ownership is based primarily on who claimed it first. Additionally, it can be shared and leant out more easily since it is...

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