IP is usually divided into two branches, namely industrial property and copyright. Copyright relates to literary and artistic creations, such as books, music, paint- ings and sculptures, films and technol- ogy-based works (such as computer programs and electronic databases).
What is the difference between industrial property and copyright?
Industrial property registration, on the other hand, results in the issuing of a trademark registration with constitutive effect, meaning that Industrial Property; a brand, commercial advertisement, or an invention is not yours until the State grants you the ownership by means of a Property Title; unlike the copyright …
What is classified as industrial property?
An industrial property is any building used for manufacturing, processing, storing or shipping products. Industrial properties are designed to suit businesses that need space for large equipment, storage racks or raw materials.
What can I do on industrial land?
Industrial Land The land may be used for purposes such as parking equipment, storing gravel or mulch, or any other surface operation. Investing in industrial land also gives you the opportunity of building from the ground up.
Is it difficult to buy commercial or industrial property?
Purchasing commercial or industrial property can sometimes be a difficult task. Epping Property employs experienced people who have bought and sold many billions of rands of commercial and industrial property. (On behalf of institutions and listed property companies).
Who are the owners of Epping property company?
Epping Property employs experienced people who have bought and sold many billions of rands of commercial and industrial property. (On behalf of institutions and listed property companies). We are well suited to be able to assist you.
Can you trade a retail property for a rental property?
Section 1031 allows you to trade “like-kind” properties to avoid paying taxes on the initial profit. These like-kind properties must be similar: You can trade a retail space for another retail space, but you can’t trade a retail space for a rental property. If the value of one property is greater than the other, you can add cash to the deal.
