When discussing property rights, what does the term "exclusion" refer to?

The term "exclusion" in the context of property rights specifically denotes the right of a property owner to prevent others from entering or using their property. This principle underscores one of the fundamental aspects of ownership, where an individual has the authority to control access to their property. By holding this right, the owner can make decisions about who is permitted to enter, utilize, or benefit from the property.

This right is essential for property owners as it allows them to protect their interests and maintain the integrity of their property. It ensures that others cannot encroach upon, damage, or utilize the property without the owner’s consent. Understanding exclusion within property rights is crucial for real estate professionals, as it relates directly to issues like trespassing, leasing, and the enforcement of property boundaries.