Abandonment is not permitted in other forms of property insurance.
Treating different forms of property deprivation as different crimes may seem untidy, but that is the nature of criminal law.
REITs are therefore more liquid than other forms of property investment and in theory attract new classes of investor.
"The courts have repeatedly found that intangible forms of property, such as stocks, can be taken through eminent domain," he said, blithely.
Marx recognised, parallel to the rise to dominance of industrial production, a struggle between two forms of property: immobile property (such as land) and moveable property (such as material commodities).
In addition, many legal systems have added new categories of theft to deal with modern forms of property that may not be physical or tangible.
Although the market for trading securities that developed in late 17th-century London was something new, securities were similar in many ways to older forms of property.
It would be a radical overhaul of the rules governing one of the most valuable, if intangible, forms of property in the new economy: the rights to transmit electronic signals at specific radio frequencies that constitute the spectrum.
He puts forward the argument – through elegantly crafted stories of unknown settlers and famous figures alike – that varying forms of property ownership have a bearing on the different kinds of government to be found in America, Europe, Russia, China and the Arab world.
This distinction arose out of the models that had been developed by Maine and Morgan, in which cultural evolution was driven by the transition from status to contract forms of organization and from corporate to individual forms of property ownership.
