TYPES OF PROPERTY UNDER HINDU LAW

AUTHOR – RISHAV NARWARIYA, NMIMS INDORE MP

BEST CITATION – Rishav Narwariya, TYPES OF PROPERTY UNDER HINDU LAW, ILE LEX SPECULUM (ILE LS), 1 (1) OF 2023, PG. 300-304, APIS – 3920 – 0036 | ISBN – 978-81-964391-3-2

Introduction

“We”do not inherit the earth from”our ancestors; we borrow it from our children’’­- Jhon medison.

The above phrase may have different meaning compare to what we are going to discuss in this paper. But it somehow conveys a message that the property which are enjoying we are have interest of other people as well. The term “property” has been outcome of the Latin word “proprietary” and the French equivalent “proprius,” both of them refer to a thing owned. The concepts of the property and the ownership are inextricably linked. There is often no property without possession and no possession without property. Property has very important  place in human life because it is difficult  to check the extent of properties ownership if there is no property .

The fact is that the word property has a significantly broad meaning. It includes money and other tangible items, along with intangible rights that are taken as a sources of income or wealth. The interesting thing is that if a person has in land chattels to the exclusion of others, and it is right to enjoy and lose certain things which he pleases, provided he does not use them in a way that is prohibited by law.

One can have admiration for the sea and the air, but no one can legitimately claim ownership over them. The sea and the air cannot be appropriated. When things are fully ours, or when all other people are forbidden from intruding on them or interfering with them, nobody else besides the proprietor, who has this exclusive right, can have whatever claim to use them, nor can they prevent the proprietor from disposing of them as he sees fit. When things are fully ours, or when all other people are forbidden from intruding on them or interfering with them.

And the reason for this is due to the fact that property, which is an entirely separate right to things, includes the right to use those things, and also the right to a variety of them, whether by exchanging them for other things and perhaps even giving them away to any other individual without any consideration being given. The reason for this is due to the fact that property is an exclusive right to things. or perhaps just discarding them entirely. In this paper we are going to just understand the types of property under hindu law.