The concept's anatomy (the idea, not just the word): (i) an object (thing or value capable of control); (ii) a right-holder (the person in whom the law vests the bundle); (iii) the bundle of rights (possession, use, management, income, capital-transfer, security, transmissibility — Honoré's incidents of ownership); (iv) the in rem character — the duty of non-interference resting on the world at large (contrast the contract right's in personam duty on a promisor only); (v) the law's recognition — property is a legal construction: what the law recognizes, protects and gives remedies for. The concept's sociological face: property organizes social relations — power, expectation, family structure (the ancestral-property system), and the state's fiscal base.
The critical face: the property concept is historically contingent — what counts as "property" expands (IP; data; carbon credits) and its protections are rebalanced (land reform, ceilings, acquisition).