Posts Tagged ‘value of rights’

Keep Your Rights

Tuesday, June 8th, 2010

Al Philipson, Science Fiction authorby Al Philipson

Rights

When you create a manuscript in any readable form, you automatically receive “copyrights” to that work. You can sue for actual damages is someone intrudes upon those rights. If you register you copyright, you can also sue for “punitive” damages.

What most people fail to realize is that, like property rights, copyrights are actually a “bundle” of rights.

A property “owner” may not “own” the subsurface rights to his property. Here in the Northwest, where Weyerhouser has owned so much of the property that it subsequently sold to developers, the original owner has retained the “subsurface” rights. That means that if oil is discovered on your property, you don’t own it; someone else does.

Now, how does this apply to copyrights? (more…)