TYPES OF PROPERTY LAW

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Property laws are crucial towards the creation and preservation of a method of ownership. Many districts have very particular laws to guide the purchasing, selling, heritage, use, and imitation of property. There are two main types of property law, commonly referred to as intellectual and real property laws. Within these two broad classes, there may be a means of statutes and rules that deal with particular aspects of the law. They are as follows:-

1. Intellectual Property Law - Intellectual property is referred to as the creations of the intellect for which a patent is assigned to selected owners by law. Intellectual property rights are the protections awarded to the creators of IP or in other words well understood as Intellectual Property and cover trademarks, patents, copyright, industrial drawing rights, and in some provinces trade secrets. Artistic works incorporating music and research, and discoveries, contraptions, words, expressions, symbols, and designs can all be guarded as intellectual property. While intellectual property law has developed over times, it was not until the 19th century that the name intellectual property began to be accepted, and not until the late 20th century that it became conventional in the preponderance of the world.
 
2. Real Property Law - According to English terms the common law, real property, realty, or fixed property is land which is the capital of some person and all structures which are mainly called as improvements or fixtures. Combined with or attached to the land, buildings, machinery, including crops, wells, canals, dams, ponds, mines, and roads, amongst other things. The term is significant, arising from the now-discontinued plan of action, which defined between real property conflicts and personal property disputes. The Personal or Private property was and recommences to be, all property that is not real property