In the abstract, property refers to what belongs to or is associated with something, whether as an attribute or as a component of that item. It is one or more physical or incorporeal components (rather than qualities) of a person's Real Estate; or belonging to, as in being owned by, a person, a group of individuals, or a legal body such as a corporation or even a society.
The owner of a property has the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, swap, transfer, give away, or destroy it, or to exclude others from doing so, as well as to abandon it, depending on the nature of the property; whereas, regardless of the nature of the property, the owner has the right to use it correctly (as a durable, means, or factor, or whatever) or, at the absolute least, to maintain it exclusively.
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