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Properties can be located on the right of business and for operational management. When property relations for operational management of real estate can be owned and used in accordance with the objectives of the owner. When the properties are on the right of business, then they can own, use and dispose of (which can not be done in the first case). Real estate can be owned by a private owner who has the exclusive right of possession, use and disposal (including the sale of the property to another person). In accordance with Russian legislation, mortgage bankers association strategic default ownership implies the right of possession, use and disposal of real property for the purposes and limits do not violate the rights of property owners, as well as compliance with the restrictions (easements). Under the authority of ownership is understood based on the law (legally enforceable) the ability to have around this property, keep it on his farm (in fact, have them count on their balance sheets, etc.). The authority to use an ability based on the law of exploitation, economic or other use of the property is removed from a utility value of its consumption. It is closely connected with the possession of authority, because as a general rule you can use the property only actually owning them.

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