Definition, Meaning & Synonyms
own-property
noun
/oʊn ˈprɒp.ɚ.ti/
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Definition
The legal right to possess and control an asset or piece of real estate that one has purchased or inherited.
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Examples
- She finally managed to buy her own-property after years of saving.
- Having own-property can provide financial security and stability.
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Meaning
Having full ownership of a property means that the owner has the exclusive right to use, sell, or lease that property.
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Synonyms
- real estate
- land
- estate