Property has played an important role in the life of society since time immemorial, because throughout the entire past period a person, associating property with both his personal and his family’s economic well-being, tried and still tries to protect it, both within the country and beyond its borders.
Accordingly, property, at first glance, should include the owner’s right to the assets which Article 147 of the Civil Code of Georgia attributes to all things and to those intangible property benefits, the possession, use, and disposal of which may be exercised by natural and legal persons and the acquisition of which may occur without restriction, if this is not prohibited by law or does not contradict moral norms.
However, due to the fact that the existing national legislation is characterized by a number of shortcomings, in certain cases, and especially if there is corresponding political will for this, problems are created regarding the protection of ownership rights over immovable property and certain intangible property benefits, which requires appropriate legislative amendments.