The state as the bearer of property rights, such as ownership of real estate

In technical terms, the state as the bearer of property rights, such as ownership of real estate). As such, it is a legal entity without sovereign powers and therefore subject to private law in almost all respects. – Colloquially, also the state in general, with the emphasis on its function as a tax-claiming administrative machinery. – In older literature also the treasury of a public body. – See company, public.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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