What is Property???

  • Property is commodity that's possessed, whether it's goods, land or creative. An illustration of property is a person's house.. A thing or effects possessed; effects inclusively esp., land or real estate possessed.
  • Property ownership is a big responsibility. However, many people do not realize how much they truly appreciate their homes until after they have been acquired. The word property indicates any kind of goods, land or creative work that can be possessed by a certain person or entity. A good example of the word property is the house that you live in as a private residence or as a business location that's owned by your company .