statutory property rights include what?✨
statutory property rights refer to the rights that are explicitly defined by laws and regulations. These rights play a crucial role in ensuring legal order and protecting the interests of individuals and organizations. Among them, the most common types include ownership 🏡, usufructuary rights (such as land use rights 🌱), and security rights (like mortgage rights 💳). Ownership is the most complete form of property right, allowing the holder full control over the property. Usufructuary rights focus on the right to use and benefit from assets, often seen in real estate leasing or agricultural land use. Security rights are established to guarantee debt repayment, where creditors can claim assets if debts are unpaid. Understanding these rights helps protect personal and business assets, ensuring a stable social and economic environment. Whether buying a house or investing in businesses, knowing your statutory property rights is essential for safeguarding your interests. 📝
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