812. Meaning of 'ownership'.

Ownership consists of innumerable rights over property, for example the rights of exclusive enjoyment, of destruction, alteration and alienation, and of maintaining and recovering possession of the property from all other persons. Those rights are conceived not as separately existing, but as merged in one general right of ownership1.

The ownership of goods2 differs from the ownership of land in that the common law did not treat land as the subject of absolute ownership but only of tenure