Property does not only comprise of tangible things like houses, cars, furniture, money, investments etc and such property are not the only type that can be protected by law. There are many other types of intangible property known as intellectual property that have been provided for under the law and granted protection against infringement. There are three primary types of property which come under this classification: patents, trademarks and copyrights.

Copyrights are intellectual property dealing with rights of an author or an artist over his or her original piece of work. Copyright protects all forms of artistic expressions including melodies, films, videos, paintings etc in addition to original literature. It provides the owners with several rights including monetary and moral rights besides the right of being acknowledged as the creator of the piece.

On the other hand, trademarks accord the one who has registered it, the safety over certain symbols, words or marks which identify the creator or origin of products to thwart replication and thus infringement. With this legal shield, trademark is protected from duplication by unscrupulous persons who wish to exploit reputed brands.

The third type of intellectual property right is the patent, which is bestowed upon inventors to safeguard their inventions and ideas. It gives them exclusive right of usage and sale of their invention for a specific period.

There are some other less frequently found kinds of intellectual properties that can be owned by people. To cite some instances of these uncommon intellectual properties, they can be some traditional knowledge carried forward by a specific family only; company secrets like recipes behind successful products; and location based symbols or representations to denote a product which comes from that location, like Champagne.

While all the three kinds of intellectual property mentioned above are distinct from each other there are also some similarities. All three are recognized by law in a way that enables the holders of the property to opt for legal recourse against the violator and get reparation for infringement.

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