Corporeal ownership implies ownership of a thing (material object) i.e. house, land, car, etc. The subject matter of the right may be movable or immovable. Incorporeal ownership implies ownership of a right. Shares in a company, patent, copyright, right of lease are examples of incorporeal ownership.
According to Salmond, corporeal is the narrower and other is the wider sense in which ‘.he term ownership is used. Salmond states that in all cases a person owns a right, thus the difference between corporeal and incorporeal on the basis that one relates is physical object and other to right is not sound.