... as the rights a subject (or 'owner') has over an object. Hohfield believes "...that in substance property comprises a bundle of rights, obligations and relations between subjects with respect to the ownership of a thing"2 These rights give the owner the ability to prevent others interfering with his or here property, yet it can also confer obligations on the owner. These could include the individual concerned being compelled to have the necessary licence, insurance and tax in relation to a car, and obeying road traffic laws whilst on the road. The owner can also transfer that ownership at any time, if they wish to do so. A matter that must be made clear before the issue of property can be thoroughly considered, is the distinction between personal rights and property rights. Personal rights are known as rights 'in personam' and regards the obligations between specific individuals, such as those created by a ...

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