property usage, transfer


	transfer

		the property is transferred to another person, either as a gift, or in exchange
	
		for a sum of money (or less frequently some other asset).

		buildings, titles to land, equipment, etc	

		legal document: contract (of sale)



	lease

		the items are leased to another person for use for a period of time, such as 12 months.

		residential and commercial buildings, equipment, etc.

		legal document: 'lease', lease agreement


	licence

		rights are granted to the person to use the property.

		music, computer software

		legal document: licence agreement



'property' in the law means any physical item, and other assets of value that can be transferred, such

	as rights to computer software

