The right of property

The right of property has been specified in Article 17 of the Universal Declaration of Human Rights
1984 where, everyone has the right to own property alone as well as in association with others. No
one shall be arbitrarily deprived of of his property. The right of property is one of the most
controversial human rights, both in terms of its existence and interpretation. The legal capacity of a
person or organisation to acquire, utilise, and to obtain rid of property is termed to as the right of
property. Alongside with significant and insignificant assets, it also involves things like real estate,
personal belongings, and intellectual ownership. The right of property is usually protected by law to
ensure the safety of the belongings. It also allows the individual to protect their own assets, use for
individual advantages and other than that. It considered as essential human rights and is guaranteed
under different laws and regulations globally. Nevertheless, the definition and constraints of this
exemption may change based on the jurisdiction and legal system. The definition and constraints of
this exemption may change based on the jurisdiction and legal system. Therefore, the right of
property give the owner the ability to defend their right of property.