Property rights deal with the legal rights over the use to which a resource is put and over the made of any income that may be derived from that resource. The first area is the protection of land ownership. In the Constitution of Germany and in its Federal Laws says that, “An absolute owner has the right to fully control the land and other immovable property such as real estate on the land in question” (“Private Property Laws in Germany,” 2015). In Germany if you own the land you have the right to fully control the land and control the things that cannot be moved such as a house. The second area is the protection of intellectual property. German has many acts and laws such as the Copyright Act, Patent Act, and the Design Act that are put into place to for the protection of property
Property rights deal with the legal rights over the use to which a resource is put and over the made of any income that may be derived from that resource. The first area is the protection of land ownership. In the Constitution of Germany and in its Federal Laws says that, “An absolute owner has the right to fully control the land and other immovable property such as real estate on the land in question” (“Private Property Laws in Germany,” 2015). In Germany if you own the land you have the right to fully control the land and control the things that cannot be moved such as a house. The second area is the protection of intellectual property. German has many acts and laws such as the Copyright Act, Patent Act, and the Design Act that are put into place to for the protection of property