Intellectual property is a legal term that is the term for creations of your head. Examples of rational property include new music, literature, and other artistic works; breakthroughs and inventions; as well as words, phrases, designs, and designs. Beneath intellectual property laws and regulations, owners of rational property are naturally certain exclusive legal rights. Some common types of intellectual property legal rights are copyright, patents, as well as industrial design legal rights; and the legal rights that protect logos, trade dress, and in certain jurisdictions trade tricks. Intellectual property legal rights are themselves a form of property, called intangible property.