According to the Article 41 of the
Constitution of Ukraine, everyone has the
by their property, and the results of their
The Civil Code of UkraineThe Civil Code of Ukraine
Article 316. Notion of property rights:
"The right to property is the right of a
person to a thing (property), which it
has under the law on their own,
regardless of the will of others."
it is owner's possibility to
be in direct relation to the
actual thing based on the
Ownership must be
understood as constant
possibility of material
owner and things.
This is possibility of extracting useful
properties to meet the needs of the
owner or others based on the law.
The right to use may belong not only
owners but also other persons on the
basis, inter alia, civil contracts or
Owner's right to determine the
fate of his things based on the
Owner can destroy the thing,
alienate it or pass temporary
possession to others.
According to the Civil Code of Ukraine:
The subjects of private property rights are
natural and legal persons;
They may be owners of any property, except
for certain types of property that are under
the law can not be in their ownership.
Composition,Composition, quantityquantity andand value of propertyvalue of property
that can be owned by individuals andthat can be owned by individuals and
entities areentities are not limitednot limited..;
Limiting the size of land that can be owned by
individuals and legal entities may be
established by law.
owned by two
or more persons
(owners) is theirs
by right of joint
Joint ownership is a kind of ownership
which complicated by many subjects.
Joint ownership is a legal form of
association property of legal entities,
state and local communities. Thus, the
relationship in this case arise not only
between owners and third parties, but
also between co-owners.
Common share ownership is property
right which have two or more physical
and (or) legal entities. Particle size of
each owner are defined in documents.
Determination of particles of each owner
property governed under the Civil Code
of Ukraine of 16.01.2003 № 435-IV (Civil
Code of Ukraine).
Common property is joint ownership of
two or more persons without defining
each particle in ownership.