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Property is frequently defined as the rights of a person with respect to a thing. The difficulties with this definition have long plagued legal theorists. The same problem of definition occurs in non-Western societies as well. In Russia, for example, the word property (sobstvennost) can have various meanings.
A piece of real estate: has a swimming pool on the property. c. Something tangible or intangible to which its owner has legal title: properties such as copyrights and trademarks. d. Something tangible or intangible, such as a claim or a right, in which a person has a legally cognizable, compensable interest.