<ul><li>Real Property: Refers to land with permanent attachments like buildings or roads. Divided into residential, commercial, and industrial properties.</li><li>Personal Property: Refers to movable property like jewelry or vehicles. Divided into tangible and intangible property.</li><li>Intellectual Property: Unique intangible property consisting of inventions, designs, literature, and brand names.</li><li>IP Rights: Legal rights protecting intellectual property such as patents, trademarks, and digital assets.</li></ul>

Understanding Property: Types, Ownership, and Importance

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