wrong

"private property is a legal designation for the ownership of property by non-governmental legal entities.[1] Private property is distinguishable from public property, which is owned by a state entity; and from collective (or cooperative) property, which is owned by a group of non-governmental entities.[2][3] Private property is further distinguished from personal property, which refers to property for personal use and consumption. Private property is a legal concept defined and enforced by a country's political system.[4]"