What is Property
Property in its many forms, generally implies the right to use or enjoy, the right to exclude others and the right to alienate. I do not say all these rights must co-exist before there can be a proprietary interest, or deny that each of them maybe subject to qualifications
Blackburn J, Milirrpum v Nabalco (1971) FLR 141
The right to use or enjoy
Yanner v Eaton
as elsewhere in the law, 'property does not refer to a thing; it is a legal relationship with the thing
The right to alienate
R v Toohey
A property right must be 'capable in its nature of assumption by third parties'
The right to exclude
Stow v Mineral Holdings
Licences
Bare
Contractual
Coupled with an interest
Real Property
Personal Property (chattels personal)
Corporeal (land)
Incorporeal (easements)
Choses in possession
Choses in action
tangible property that can be possessed by a person
personal property that cannot be held in a persons hand - shares, IP