COMMON (CIVIC) PROPERTY VS SHAREHOLDER (PRIVATE) PROPERTY Ownership of property

COMMON (CIVIC) PROPERTY VS SHAREHOLDER (PRIVATE) PROPERTY

Ownership of property consists of the following permissions:

Usus: the use of it but not consumption, the fruits, transfer or damage to it. ex: a park.

Fructus: the right to the fruits of it. ex: a common grazing area.

Mancipio: the right to transfer (sell). ex: farm land

Abusus : the right to consume or destroy. ex: a mine.

Common Property in property in which one is a shareholder, with limited shareholder rights. Generally you can use (usus) but not privatize or damage (fructus, mancipio, abusus).

The difference between common property and shareholder property is that your ownership of commons is determined by citizenship in a polity and your ownership of shareholder property by citizenship in a private corporation consisting of private capital.

Curt.