Definition, Meaning & Synonyms

own-property

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