When we talk about property, it is not just the tangible things such as homes, buildings, land, currency etc that are protected by law. There are various other forms of non-material property known as intellectual property that have been recognized under the law and granted safety against infringement. There are three main kinds of property which come under this classification: patents, trademarks and copyrights.

When an author has created an original piece, he or she owns the copyright over this piece and is granted protection for them. It includes not only original writing pieces but also other forms of creative expression like music, videos, films etc. It bestows the owners with several rights including economic and moral rights besides the right of being acknowledged as the owner of the piece.

In contrast, trademarks give the one who has registered it, the protection over certain graphical representations, text or marks which point to the creator or origin of products to prevent replication and misuse. With this legal provision, trademark is protected from duplication by unscrupulous persons who wish to misuse reputed brands.

The last intellectual property right is a patent, which is granted to inventors to safeguard their unique and beneficial creations and inventions. A patent is valid for a specified period and gives the holder sole right to use and commercially exploit his or her invention.

There are some other less common kinds of intellectual properties that can be owned by people. To cite some examples of these uncommon intellectual properties, they can be some traditional knowledge passed on by a specific family only; company secrets like recipes behind successful products; and location based symbols or marks to refer to a product which comes from that location, like Champagne.

These three types of intellectual property are quite different from one another for the most part but also have a few similarities. All three are fully admissible under the law and the rightful holder can take legal recourse to enforce his right and claim compensation for any violation.

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