privately owned asset(о недвижимом имуществе: And... Don't lose sight of the fact that this government has decided it can tell you, a private citizen, is what you must do with your own privately owned asset. If you fail to conform then you will be penalized. Fail to pay this penalty and your privately owned asset will be taken from you. That is the truly chilling reality that we as a society have quietly allowed our leaders to put upon us. (vancouversun.com)ART Vancouver)