Divisions of the law of property:

1. Ownership of material things—Corporeal property.

2. Rights in re propria in immaterial things: e.g. patents and

trade-marks.

3. Rights in re aliena over material or immaterial things: e.g.

leases, trusts, and securities.

The ownership of material things.

Its essential qualities:

1. Generality.

2. Permanence.