Rights of Ownership: What Rights are Included?
What rights are included in ownership?
According to the provisions of Article 158 of the Civil Code 2015, ownership includes the right to possession, the right to use, and the right to dispose of the owner’s property. This law also specifically provides for these rights as follows:
| Right | Concept |
| Right to possession | The owner is entitled to perform any act at their discretion to hold and control their property, provided it does not contravene the law or social ethics. |
| Right to use | - The right to use is the right to exploit the utility, benefits, and proceeds from the property. - The right to use can be transferred to another person through agreement or in accordance with the law. |
| Right to dispose of | The right to dispose of is the right to transfer ownership of the property, relinquish ownership, consume, or destroy the property. |
When is ownership terminated?
According to the provisions of Article 237 of the Civil Code 2015, the grounds for terminating ownership are specifically provided as follows:
Ownership is terminated in the following cases:
- The owner transfers their ownership rights to another person.
- The owner relinquishes their ownership.
- The property has been consumed or destroyed.
- The property is handled to fulfill the owner's obligations.
- The property is requisitioned.
- The property is confiscated.
- Ownership rights to the property have been established for another person according to the provisions of the Civil Code 2015.
- Other cases as prescribed by law.
For further information, you can refer to the Civil Code 2015.
Sincerely!
