Ownership is the legal right to possess and control something. Ownership can be transferred from one person or group to another through various legal means, such as sale, gift, or inheritance. Continue Reading Below
Ownership is the legal right to possess and control something. Ownership can be transferred from one person or group to another through various legal means, such as sale, gift, or inheritance. Ownership confers certain rights and responsibilities, such as the right to use, sell, or dispose of the property, and the responsibility to take care of it and not cause harm to others.