However, private property rights' is an annoying, subject for many landowners, especially among those who have owned land for a generation or more. In fact, the perception of sovereignty is a function of security: the longer the land has been owned by a family, the stronger its ties to the land, and the more threatened the family becomes when someone brings up the subject of rights.
The history of private property in the U.S. is fascinating, and a view in this country of an individual's rights is far more liberal than in most other countries. In many European countries, for instance, an individual can own land and can benefit from it, but his ability to make decisions about how the land is used is limited, far more than in the U.S. In China and some or most other third-world countries around the world, there is no such thing as private real property. An individual can own crops and trees, but the land is publicly owned; while .
Americans enjoy real property rights that are far more generous when compared to the rest of the world. Private property in USA is protected byThe Fifth Amendment to the Constitution which explicitly provides that, " No person shall be . . . deprived of life, liberty or property without due process of law; nor shall private property be taken for public use, without just compensation-. Organizations Concerned with Property Rights are many .Some of it are.
American Planning Association, BOMA International, The Cato Institute, Institute for Justice, Iowa State University Extension , Liberty Matters (formerly The American Land Foundation and Stewards of the Range) ,United Property Owners ,Wisconsin REALTORS ® Association, Defenders of Property Rights , Property Rights Foundation of America ,etc .
The other type of property rights is the intellectual property rights(IPR). Intellectual property may be defined as nonphysical property, whose value derives from an idea or a group of ideas, which have an element of novelty (i.