The Notion and Legal Space of Exercising the Right to OwnershipEmine Zendeli*
Faculty of Law, South East European University, Tetovo, Macedonia
- *Corresponding Author:
- Emine Zendeli
Faculty of Law
South East European University
Received Date: May 29, 2013; Accepted Date: June 26, 2013; Published Date: July 16, 2013
Citation: Zendeli E (2013) The Notion and Legal Space of Exercising the Right to Ownership. J Civil Legal Sci 2:104. doi:10.4172/2169- 0170.1000104
Copyright: © 2013 Zendeli E. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The aim of this article is to address the institute of the right to ownership, as a basic legal category, but also as one of the fundamental human rights that is regulated and guaranteed by a host of international legal instruments and documents. Following a brief historical overview, the article highlights the concept, legal nature and importance of the right to ownership in all legal systems, with particular emphasis in the Republic of Macedonia. The right to ownership is a real right, which entitles the holder to exercise the fullest power over a thing (ius utendi, fruendi et abutendi). The fact that the right to ownership is absolute, exclusive and individual, it does not mean that it is unrestricted. On contrary, in every civilized society there are a multitude of reasons that justify the limitation of the right to ownership. These reasons may be: economic, environmental, public health, cultural, etc., and may be stipulated by statutes, decisions of a state institution (administrative or judicial) and legal transactions. In this context, the article refers to the limitations of the right to ownership in the legal system of the Republic of Macedonia.