If someone owns something does that mean they are free to do with it whatever they want, as long as they don't break the law? Or can someone own something with additional restrictions imposed on it? For example if someone bought a vacuum cleaner from their neighbor but agreed not to use it at night, would that be considered owning the vacuum or licensing?
Is owning something the same as having a perpetual license with no terms or restrictions? As an aside, I once heard it makes a big difference if you pay for a license or if it's free, for example paying implies the license is sublicensable. Is this legal doctrine or just manor of some courts?