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Understanding The Different Types of Properties

PostAuthorIcon Author: James JR Robinson | PDF Print E-mail

Commercial property will also have land associated with it in addition to the land under the actual building structure. Such land will be in the form of parking areas, walk ways, loading areas, places for storing materials, components and chemicals, and large surfaced structures such as airport runways. As with residential properties, the non-building land associated with commercial properties can be of a much larger area than the land on which the commercial buildings stand themselves.

Intellectual property is the term describing the creations of the human mind such as inventions, products, writings and music. Such creations are often protected because of the fact that they have a commercial value and have involved the investment of time and money to create. There are various measures that are used to protect intellectual property from being stolen or used in an inappropriate way by people with no right to use it. These measures include patents, trademark rights, copyrights, industrial design rights, and trade secrets rights.

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James JR Robinson

 

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