This is the 870th most frequent Hebrew word.
בעלות
Ownership.
In this sentence, "בעלות" refers to ownership, specifically indicating that the family holds legal and rightful property ownership over the apartment.
הדירה היא בבעלות המשפחה כבר עשרים שנה.
The apartment has been owned by the family for twenty years.
Here, "בעלות" again expresses ownership, this time specifying that the books are under the legal possession of the institution, the school.
הספרים בגן הילדים הם בבעלות בית הספר.
The books in the kindergarten are owned by the school.
In this context, "בעלות" is used to indicate that the car's possession is by an individual rather than a public entity, showcasing its private ownership.