Proprietary Right

A Proprietary Right is a legal right that provides exclusive control over assets or property (enabling ownership, usage, and disposition by the right holder).

• Context:
  • It can range from being a Simple Proprietary Right to being a Complex Proprietary Right, based on right complexity.
  • It can range from being a Limited Proprietary Right to being a Comprehensive Proprietary Right, based on right scope.
  • It can range from being a Direct Proprietary Right to being an Indirect Proprietary Right, based on control path.
  • It can range from being a Single-Party Proprietary Right to being a Multi-Party Proprietary Right, based on ownership structure.
  • It can range from being a Current Proprietary Right to being a Future Proprietary Right, based on right timing.
  • ...
  • It can be referenced by a Proprietary Right Issue (referenced by a Proprietary Right Issue-Spotting Rule).
  • It can involve various Proprietary Right Types such as:
    • Ownership Rights governing asset possession
    • Usage Rights governing asset application
    • Transfer Rights governing asset disposition
    • Control Rights governing asset management
  • It can manifest in Property Phases through:
    • Acquisition Phase Rights during initial ownership
    • Utilization Phase Rights during active use
    • Transfer Phase Rights during ownership change
    • Termination Phase Rights after right expiration
  • It can affect Property Control Elements such as:
    • Possession Control over asset holding
    • Use Control over asset application
    • Transfer Control over asset disposition
    • Access Control over asset availability
  • ...
• Example(s):
  • Property Ownership Rights, such as:
    • Title Rights: Legal Title Right and Equitable Title Right
    • Possession Rights: Direct Possession Right and Indirect Possession Right
    • Control Rights: Management Right and Administration Right
  • Property Usage Rights, such as:
    • Application Rights: Use Right and Operation Right
    • Development Rights: Modification Right and Enhancement Right
    • Exploitation Rights: Commercial Right and Economic Right
  • Property Transfer Rights, such as:
    • Assignment Rights: Full Transfer Right and Partial Transfer Right
    • License Rights: Grant Right and Authorization Right
    • Disposition Rights: Sale Right and Distribution Right
  • Property Protection Rights, such as:
    • Exclusion Rights: Access Control Right and Use Restriction Right
    • Enforcement Rights: Legal Action Right and Remedy Right
    • Security Rights: Protection Right and Preservation Right
  • ...
• Counter-Example(s):
  • Contract Rights not involving property control
  • Process Rights without ownership elements
  • Service Rights lacking property aspects
  • Personal Rights unrelated to property
  • Public Rights without exclusive control
• See: Property Law, Asset Control, Ownership Right, Legal Title, Property Interest, Asset Management, Control Right.

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