In the legal sense, goods are defined
as objects that have economic value, can be limited, legal dominance can be
achieved, and are not prohibited. Property law, on the other hand, is known as
the branch of law that defends the relationship of ownership between
individuals and goods through legal regulations. The three basic types of
property law are real rights, possession, and land registry.
Real rights can be defined as
absolute tangible rights over the goods that the person has a right to. Real
rights are also divided into two groups as property rights and limited real
rights. The property right gives the owner the right to unlimited and full use
of this property with wide powers. Limited real rights, on the other hand, fall
under the category of rights that prevent the owner of the goods from being
given full authority. However, limited real rights are also examined by
dividing them into three types as easement rights, real estate liability, and
pledge rights.
Possession, on the other hand, means
having actual dominance over the goods. These rights can be collected from a
single person or distributed to different people.
Land registry, which is the third and
last type of property law, is the type of registry kept in line with the same
publicity system to show the continuity of the existing right obtained over
real estate. Two main functions appear as understanding the legal status of
real estate and providing clarity.