Hold property on trust: Here’s all about it

Hold property on trust: Here’s all about it

Hold property on trust is defined as a right owned by a specific entity for the creative works of thought that it has reached, such as inventions, symbols, industrial models, pictures, artistic and literary works, logos, and names that you produce or author, or transfer to their owners at a later time, which requires protection. This holding property on trust is from theft, fraud, or forgery, and in this article, we will introduce you to the means of legal protection for this property.

Hold property on trust

Categories of industrial hold property on trust.

 This category includes inventions, trademarks, industrial designs, designs, distinguishing marks of origin, i.e., geographical information, and appellations of origin.

Copyright:

This category includes artistic and literary works such as poems, novels, plays, musical melodies, films, paintings, statues, photographs, photographs, and engineering designs. They are related to television and radio programs and the rights of producers of sound recordings connected to their recordings.

Means of legal protections for individual property

Preventive protection:

  • Preventive protection is achieved by one of the following methods: Preventing the publication, manufacture, or copying of counterfeit work. Reservation of the imitation work.
  • You are proving the fact of the violation of the proper place of protection.
  • We are limiting the revenue resulting from the author’s exploitation and seizing this revenue in all cases.

Therapeutic protection:

According to the law, this protection concerns the aggressor, and he is punished. It revolves around two primary forms:

Criminal Penalty:

This penalty is represented by the two penalties of a fine, imprisonment, or both if one of the acts specified by the law is committed and considered to violate the provisions.

Civil Penalty:

This penalty is compensation paid by the copyright infringer or the perpetrator of a violation stipulated by law.

Essential terms in hold property on trust:

Hold property on trust

Hold property on trust

It is defined as a sign used by a merchant to distinguish his products from others, and it must be noted that the law requires this mark not to be misleading or contrary to morals and public order and to be distinctive to protect it.

 Geographical indications:

 They are defined as a sign placed on a product with a specific geographical origin and attributes that are attributed to its source from that place. It must be noted that this commodity would not have acquired the same characteristics from an environment other than that environment.

Appellation of Origin:

It is defined as a specific type of geographical indication used on products that have certain characteristics primarily due to the geographical environment in which the product originated.

Industrial designs and drawings:

They are known as information of geographical value related to sales or the method of production and are not known to the public. Their owner has taken measures to preserve their confidentiality.

Note that the industrial model or drawing can consist of solid elements such as the shape of the commodity or two-dimensional elements such as lines, graphics, or colors.

Utility model:

 It is defined as a simple invention or a small patent, and it is one of the types of rights under which the law protects a technical means that does not reach the limit of the invention, and obtaining it is faster, easier, less expensive, and for a shorter period of protection than the patent.

What is the meaning of holding property on trust?

Hold property on trust

Hold property on trust.

Hold property on trust: defined as a right that protects the intellectual work of artistic and literary works and includes innovative works in music, literature, and fine arts such as sculpture and painting, in addition to technological works such as databases and software.

Neighboring rights: They are defined as rights related to copyright, as the law grants them to specific groups, such as performers, producers, and broadcasting organizations, knowing that they help innovators to publish their work and communicate their message to the public. Unfair competition: defined as acts that violate honest practices in the commercial and industrial fields. Plant Varieties: It is defined as a right to main and new plant varieties. World Intellectual hold property on trusty: It is the twenty-sixth of April of each year.

Defining the concept of property rights The law preserves the right to own property for individuals and institutions, and this right includes capital, real estate, land, and others, and also guarantees property owners to benefit from their properties and the possibility of their multiple uses, and investing in them.

The law of holding property on trust

Hold property on trust

Hold property on trust

Over immovable hold property on trust such as real estate and land, the goods fall within the scope of tangible property, intangible hold property on trust, registered innovations and patents, as well as copyright, securities, and stock owned stock of the most important types of property rights can be classified as property. The requests are reserved to two main parts, namely the public domain;

 Those which are the community’s property, for the public good, and are organized and managed by the various bodies. As for private property; They are individuals in their names, and they may belong to an individual or a group of individuals.

Some of the basics of holding property on trust

  • Preserving private property is one of the basics to protect it from theft, plagiarism, and imitation.
  • Without affecting their rights.
  • Some differences between property properties are classified as movable and immovable and as tangible and intangible.
  • Of movable property, it can be described as tangible property as well.
  • As for intangible property, it is those whose value can be considered without its actual existence. Securities have value and are negotiable, as well as various services.
  • As for intellectual property, it includes works of art, music, and literature.
  • In its various forms and types.

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