New Brunswick Security Guard License Practice Exam 2025 - Free Security Guard License Practice Questions and Study Guide

"Private property" is defined as property that is owned by individuals or entities. This means that the ownership can belong to a person, a company, or an organization, and this ownership grants them the legal rights to control, use, and manage the property as they see fit. The owner has the right to impose restrictions on who can enter or utilize the property, distinguishing it from public property, which is owned by government entities and open for public access.

The other definitions reflect concepts related to public or communal property rather than private ownership. For example, property owned by government entities and open to all pertains to public property. Similarly, property that is accessible to the public with restrictions can often be classified under semi-public property or public spaces, and availability for community use typically refers to communal or public assets. Thus, the definition that captures the essence of private property effectively is that it is owned by individuals or entities.