Government-Owned Property and Property Types

Government owned properties includes lands or assets owned by governments, states r government agencies, they are legally owned and maybe titled at the government, or state, and they may not allow unrestricted public access, some examples of government-owned property are: public goods, such as parks, libraries, roads, sewer and water lines.

Special Considerations to Government-Owned Property

Investors interested in land and other assets can attend an auction of government-owned property, which may ultimately be sold at attractive prices

For example, the government may seize capital equipment from a manufacturer who declared bankruptcy and owed a substantial amount of taxes. It may auction this off to other manufacturers, who are likely to pay less for the used equipment than they would if they purchased brand-new equipment