Incorporeal Rights


DEFINITION of 'Incorporeal Rights'

Rights that can't be seen or touched, but are still enforceable by law. Generally incorporeal rights have to do with intangible property such as copyrights, licenses and easements. Unlike real property that can be physically quantified, intangible property is conceptual in nature. However, the rights associated with intangible property the incorporeal rights are just as valid as the rights associated with real property.

BREAKING DOWN 'Incorporeal Rights'

Just like other rights, incorporeal rights are transferable and inheritable. Intangible property can be sold, traded, willed or given. The rights associated with the intangible property will transfer along with the property.

  1. Easement

    The right of one party to use the property of another party. ...
  2. Copyright

    The ownership of intellectual property by the item's creator. ...
  3. Real Property

    Any property that is attached directly to land, as well as the ...
  4. Intangible Asset

    An asset that is not physical in nature. Corporate intellectual ...
  5. Inheritance

    All or part of a person's estate/assets that is given to an heir ...
  6. Patent

    A government license that gives the holder exclusive rights to ...
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