In what situations does the right to exclude apply to tangible personal property?

The right to exclude applies to tangible personal property in every ownership situation. This principle is grounded in ownership rights, which inherently include the ability to determine who can access or use the property. When an individual or entity owns tangible personal property, they possess the legal right to exclude others from using it or entering it. This right is a fundamental aspect of property rights, allowing owners to exercise control over their possessions, regardless of whether they use the property for personal or business purposes, whether it is documented through a contract, or whether it is officially registered.

Other options suggest limitations that do not align with the broader understanding of ownership rights. For instance, the application of the right being limited to business purposes, contractual documentation, or registration does not accurately reflect the fundamental nature of property rights, which exists independently of these factors.