In states where water is scarce, ownership and use of water are often determined by the doctrine of prior appropriation.
Ownership is the state or fact of legal possession and control of property, which may be a tangible or intangible asset. A property may contain multiple rights, collectively referred to as titles, which may be owned by separate parties.
Company ownership is control of the company, giving it power to determine its operations and functions.
Property refers to the legal right of an individual, group, corporation or government to own something. The objects of property consist of his two kinds, tangible and intangible. Tangible property is tangible things such as property, land, cars, books, etc.
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