Concept in Definition ABC

To the individual who has possession of a certain thing, good, object, or person, it is known popularly as an owner. “My cousin is the owner of the new club restaurant. You will have to ask the owner whether or not he is renting the property to you. Does this ball have an owner?”

Person who has the ownership of a movable property, or the possession of an object, person or animal

On the other hand, the word owner is often used as synonymous with the terms master and owner. “The owners will have to face the expense of the extraordinary expenses. I am the owner of the Beagle dog that fought with the black Coker.”

Housekeeper

On the other hand, in the past, the term owner used to be used to designate the main maid, usually a widowed woman, who used to be in important houses to order the other maids.

It should be noted that the word owner is closely linked to the concept of property.

What is property? Scope and limitations

Ownership implies theright or the ability to own something.

For justice, when someone, the owner, has ownership over something, he may for this reason, freely dispose of the object or property in question, finding only those limits imposed the law current.

Let's see it more specifically with an example, a person owns a house, therefore, they have the title to it, that is, the deed that guarantees that it is their property.

This circumstance will allow that person to sell it, rent it, live in it, lend it, that is, do whatever he pleases, as long as it does not affect rights of third parties, which is the limit, for example, I could never open a window in my house that overlooks the neighbor's house because it would be depriving him of his privacy.

If a person does not own a house or apartment, they will not be able to sell it or do anything that has to do with its legal provision.

When a house is bought, the value of the house is paid to the seller and in that same act a notary public intervenes who will attribute the act of value and formality and He will be the one who initiates the document that will give the title to the new owner after the payment is actually made and various issues are corroborated legal.

On the other hand, you can be the owner of a business, that is, the person in charge of the commercial activity that is carried out carried out in a specific place, regardless of whether or not you own the physical space in which that deal.

The owner of a business is the one who decides the commercial direction that his establishment will have in order to always achieve the maximum cost effectiveness.

He will also be in charge of taking employees, promoting them, or firing them according to the consideration of whether or not they have done the assigned work well.

And the owner is of course the one who takes the bulk of the profits from the business, after of course satisfactorily complying with the payment of taxes and the remuneration of his employees.

Since ancient times the right to property has been recognized and was the civilization Roman the one that took care of generating a legislation to protect it.

Then he would continue to be respected and protected by liberal ideas, by the French Revolution, while and in opposition arise the ideas of the socialism and from communism who have questioned it and have proposed that it be repealed in favor of collective property.

The Roman Law, provides for the owner three faculties: use (ius utendi), enjoyment (ius fruendi) and disposition (ius abutendi).

Popular expressions associated with the term

And there are also several very popular expressions linked to the term owner: owner of himself (one who can control himself and who does not allow himself to be carried away by impulses despite the situation warrants it), own the situation (to be in a position to impose the will in a discussion or vote) and be very owner of doing something (to have freedom to do this or that thing).

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