==Property rights and rights to people==
Property rights are rights over things enforceable against all other persons. By contrast, [[contract]]ual rights are rights enforceable against particular persons. Property rights may, however, arise from a contract; the two systems of rights overlap. In relation to the sale of land, for example, two sets of legal relationships exist alongside one another: the contractual right to sue for damages, and the property right exercisable over the land. More minor property rights may be created by contract, as in the case of [[easements]], [[Covenant (law)|covenants]], and [[equitable servitudes]].
A separate distinction is evident where the rights granted are insufficiently substantial to confer on the nonowner a definable interest or right in the thing. The clearest example of these rights is the [[license]]. In general, even if licenses are created by a binding contract, they do not give rise to property interests.
the property right exercisable over the land
==Property rights and rights to people==
Property rights are rights over things enforceable against all other persons. By contrast, [[contract]]ual rights are rights enforceable against particular persons. Property rights may, however, arise from a contract; the two systems of rights overlap. In relation to the sale of land, for example, two sets of legal relationships exist alongside one another: the contractual right to sue for damages, and the property right exercisable over the land. More minor property rights may be created by contract, as in the case of [[easements]], [[Covenant (law)|covenants]], and [[equitable servitudes]].
A separate distinction is evident where the rights granted are insufficiently substantial to confer on the nonowner a definable interest or right in the thing. The clearest example of these rights is the [[license]]. In general, even if licenses are created by a binding contract, they do not give rise to property interests.
the property right exercisable over the land
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