Signal privilege is the answer to a tempting error: that owning a thing confers ownership of all information connected to it. Ownership does give you a privileged informational relationship to an asset — you carry its responsibility, risk, stewardship, and often its investment, so you have first and strongest standing over the signal needed to use, maintain, protect, transfer, or improve it. But privilege is not supremacy.
Ownership creates signal privilege, not signal supremacy.
The privilege is bounded by the standing of others. The moment an asset’s consequences cross into someone else’s life — a neighbor’s groundwater, an injured party’s safety, the wider ecology’s stability — those participants acquire their own signal claims, and the owner’s privilege stops being the only relationship that matters. This is why signal jurisdiction follows consequence more strongly than title, and why an owner may not be the sole verifier of their own externalities. See Ownership and Signal.