Difference Between Corporeal Property and Incorporeal Property is provided under the Transfer of Property Act, 1882. There are two kinds of property Corporeal Property and Incorporeal Property.
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Corporeal property is tangible property that means the corporeal property is visible by naked eyes. |
Incorporeal property is intangible property that means the incorporeal property is not visible by naked eyes. The incorporeal property is also known as intellectual or conventional property. |
Corporeal property can be perceived by senses. |
Incorporeal property cannot be perceived by senses. |
Corporeal property can be seen and touched. |
Incorporeal property cannot be seen and touched. |
Corporeal property is the right in personam and relating to ownership of material things. |
Incorporeal property is the right in rem and relating to intellectual property. |
Example: Land, Buildings, Gold etc. |
Example: Trademark, Copyright, Patent etc. |
Corporeal property is divided into two categories; 1. Movable and Immovable Property 2. Real and Personal Property |
Incorporeal property is divided into two categories; 1. Jura in re Propria 2. Jura in re Aliena or Encumbrances |