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    Property State Property: Public Property Public Property Is

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    Vignesh Selvaraj
    Public property is property that is dedicated for public use, owned collectively by the population of a state, or held in trust by the government for common benefit. It is a subset of state property and contrasts with private property, which refers to ownership by non-governmental entities like individuals and corporations. Examples of public property include Crown land, Crown copyright, and Crown Dependencies.

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    Property State Property: Public Property Public Property Is

    Uploaded by

    Vignesh Selvaraj
    249 views2 pages
    Public property is property that is dedicated for public use, owned collectively by the population of a state, or held in trust by the government for common benefit. It is a subset of state property and contrasts with private property, which refers to ownership by non-governmental entities like individuals and corporations. Examples of public property include Crown land, Crown copyright, and Crown Dependencies.

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    Public Property

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    Public property is property that is dedicated for public use, owned collectively by the population of a state, or held in trust by the government for common benefit. It is a subset of state property and contrasts with private property, which refers to ownership by non-governmental entities like individuals and corporations. Examples of public property include Crown land, Crown copyright, and Crown Dependencies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    249 views2 pages

    Property State Property: Public Property Public Property Is

    Uploaded by

    Vignesh Selvaraj
    Public property is property that is dedicated for public use, owned collectively by the population of a state, or held in trust by the government for common benefit. It is a subset of state property and contrasts with private property, which refers to ownership by non-governmental entities like individuals and corporations. Examples of public property include Crown land, Crown copyright, and Crown Dependencies.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Public property

    1) Public

    property is property, which is dedicated


    to the use of the public. It is a subset of state
    property.
    2) The term may be used either to describe the use
    to which the property is put, or to describe the
    character of its ownership (owned collectively by
    the population of a state).
    3) This is in contrast to private property, owned by
    an individual person or artificial entities that
    represent the financial interests of persons, such
    as corporations
    4) State ownership, also called public
    ownership,government ownership or state
    property, are property interests that are vested
    in the state, rather than
    an individual or communities.
    5) In the modern representative democracy, "public
    property" is said to be owned by the people as
    a commons or held in trust by the government
    for common benefit. In many Commonwealth
    realms, such property is said to be owned by the
    Crown. Examples include Crown land, Crown
    copyright, and Crown Dependencies.

    Private property

    1)

    Private property is a legal designation of the


    ownership of property by non-governmental legal
    entities.
    2) Private property is distinguishable from public
    property, which is owned by a state entity;
    and collective property, which is owned by a group
    of non-governmental entities
    3) Private property is further distinguished
    from personal property, which refers to property for
    personal use and consumption.
    4) Categorization of collective property can be
    indeterminable, such as in a not-for-profit private
    university; or determinable, such as in the case of a
    legal partnership.
    5)
    Economic liberals (defined as those who
    support a private sector-driven market economy)
    consider private property to be essential for the
    construction of a prosperous society.

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