real estate no relation political system
Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity, and from collective or cooperative property, which is owned by a group of non-governmental entities.Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit. The distinction between private and personal property varies depending on political philosophy, with socialist perspectives making a hard distinction between the two. As a legal concept, private property is defined and enforced by a country's political system.Legal and real world aspects
Private property is a legal concept defined and enforced by a country's political system. The area of law that deals with the subject is called property law. The enforcement of property law concerning private property is a matter of public expense.
Defence of property is a common method of justification used by defendants who argue that they should not be held liable for any loss and injury that they have caused because they were acting to protect their property. Courts have generally ruled that the use of force may be acceptable.
In many political systems, the government requests that owners pay for the privilege of ownership.  A property tax is an ad valorem tax on the value of a property, usually levied on real estate. The tax is levied by the governing authority of the jurisdiction in which the property is located. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. Under a property-tax system, the government requires or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. The four broad types of property taxes are land, improvements to land (immovable man-made objects, such as buildings), personal property (movable man-made objects) and intangible property.
The social and political context in which private property is administered will determine the extent to which an owner will be able to exercise rights over the same. The rights to private property often come with limitations. For example, local government may enforce rules about what kind of building may be built on private land (building code), or whether a historical building may be demolished or not.  Theft is common in many societies, and the extent to which central administration will pursue property crime varies enormously.
Some forms of private property are uniquely identifiable, and may be described in a title or a certificate of ownership.
The rights to a property may be transferred from one "owner" to another. A transfer tax is a tax on the passing of title to property from one person (or entity) to another.  An owner may request that, after death, private property be transferred to family members, through inheritance.
In certain cases, ownership may be lost to the public interest. Private real estate may be confiscated or used for public purposes, for example to build a road.
no relation