Which rights are considered natural rights of property ownership?

The natural rights of property ownership emphasize the inherent entitlements associated with owning property, particularly those that facilitate its use and enjoyment. In this context, the right to benefit from a natural watercourse is recognized as a critical aspect of property rights. Property owners have the right to access and utilize natural resources that flow through or are adjacent to their land, such as rivers or streams. This right reflects the idea that property ownership is not merely about the land itself but also includes the resources that naturally occur within or around it.

This concept is deeply rooted in property law, where access to water sources can significantly impact an owner's ability to use their land effectively. Thus, this right supports the broader notion of how landowners can exploit and enjoy the benefits that their property provides, making it an essential component of natural property rights.

In contrast, the other options related to tax deductions, setting land prices, and transfer of ownership do not inherently reflect natural rights. They are often governed by legislation or market dynamics rather than being innate rights accompanied by property ownership. For instance, tax deductions are contingent on tax laws and can change, while pricing land involves negotiations and is influenced by market conditions. The transfer of ownership, while an essential aspect of property rights, is subject to