THE ESSENCE OF THE RIGHT OF PRIVATE OWNERSHIP OF LAND IN THE SYSTEM OF PROPERTY TURNOVER

The right of ownership, being the main property right by its nature, acts as the central institution of civil law. With the involvement of land in civil circulation, the formation of the right of private ownership of land, many questions and problems arise that do not yet have an unambiguous solution in civil law science. Ownership as an economic category receives legal consolidation, expressed in the system of legal norms regulating property relations and forming the institution of property rights. In this case, property acts in an objective sense. And in a subjective sense, property is manifested in the consolidation of legal power for a specific person, i.e. the owner. The basis in the system of property rights is the establishment of the owner's authority, which determines the main content of this institution.