Owner Rights

28. PERSONAL OWNERSHIP — AN OWNERSHIP SOCIETY

America should not become a country where ordinary people own nothing and permanently rent everything from corporations.

You bought it. You own it.

MPA supports meaningful ownership rights involving:

• Homes

• Land

• Vehicles

• Electronics

• Tools

• Equipment

• Personal property

• Businesses

• Investments

• Intellectual property

• Personal data

• Digital goods sold as purchases

Consumers should possess reasonable rights to:

• Repair

• Resell

• Transfer

• Modify

• Maintain

their lawful property.

If a company is only selling a temporary license, it should clearly say so before purchase.

A company should not advertise something as a permanent purchase while retaining an undisclosed ability to revoke it without legitimate cause.

Subscriptions may be useful.

Permanent forced subscription should not replace genuine ownership.

29. HOMEOWNERSHIP & INSTITUTIONAL INVESTORS

American families should have a meaningful opportunity to own homes.

MPA supports limiting concentrated institutional ownership of existing single-family homes.

As a starting national framework, no common beneficial owner should generally be permitted to accumulate more than approximately 25 existing single-family homes intended for ordinary residential ownership, subject to carefully defined exceptions.

Commonly controlled LLCs, subsidiaries, trusts, and shell companies would be aggregated so corporations cannot simply create hundreds of entities to evade the limit.

Reasonable exemptions could address:

• Homebuilders temporarily holding newly constructed inventory

• Legitimate development activity

• Certain nonprofit housing organizations

• Short transitional holdings

• Other narrowly justified circumstances

Large institutional portfolios above the eventual legal limit would receive an orderly transition period rather than requiring immediate fire sales.

The objective is not eliminating rental homes.

The objective is preventing billion-dollar institutions from permanently converting large portions of America's single-family housing stock into corporate rental portfolios.

American families should not have to outbid Wall Street to own the American home.

30. PROPERTY RIGHTS

Private property is foundational to liberty.

MPA supports strong protections against:

• Eminent-domain abuse

• Unjust government seizure

• Civil asset forfeiture without meaningful due process

• Government destruction of property without compensation where compensation is constitutionally required

• Abusive restrictions on lawful property use

Property owners should receive fair compensation when government lawfully takes property for public use.