Article 188. The concept and content of property rights of the Civil Code of the Republic of Kazakhstan
1. The right of ownership is the right of a subject, recognized and protected by legislative acts, to own, use and dispose of property belonging to him at his discretion.
Ownership is transferred to another person with all the encumbrances that existed at the time of the transaction.
2. The owner has the right to own, use and dispose of his property.
The right of ownership is a legally secured opportunity to exercise actual ownership of property.
The right of use is a legally secured opportunity to extract useful natural properties from a property, as well as to benefit from it. The benefit can take the form of income, increment, fruits, offspring and in other forms.
The right of disposal is a legally secured opportunity to determine the legal fate of property.
3. The owner has the right, at his discretion, to perform any actions with respect to the property belonging to him, including alienating this property to other persons, transferring to them, while remaining the owner, his powers to own, use and dispose of the property, pledge the property and encumber it in other ways, dispose of it in another way.
4. The exercise by the owner of his powers should not violate the rights and legally protected interests of other persons and the State. Violation of rights and legitimate interests can find expression, along with other forms, in the abuse by the owner of his monopoly or other dominant position.
The owner is obliged to take measures to prevent damage to the health of citizens and the environment that may be caused during the exercise of his rights.
5. The right of ownership is indefinite. The right of ownership to property may be forcibly terminated only on the grounds provided for by this Law. The Code.
6. In cases, on the terms and within the limits stipulated by legislative acts, the owner is obliged to allow limited use of his property by other persons.
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