property law immovable and movable property

property law

1. presentation on property

2. agenda Introduction Meaning of Property Kinds of Property Encumbrances Modes of Acquisition Conclusion

3. Introduction

4. Meaning of Property Properietate which means a thing owned

5. Kinds of Property

6. Corporeal property

7. Movable property

8. Immovable property

9. Real & personal property Real – all rights over land recognized by law. Just like immovable property. Personal – proprietary rights and similar to movable

10. Incorporeal property

11. When property is under some rights in re aliena it is said to be under an encumbrances. Right in re aliena –rights over someone else property The main categories of encumbrances are – Leases Servitudes Securities Trust Encumbrances

12. servitudes Right enjoyed by owner of land over another. Ex: right to passage/light/way etc. 3 types of servitude: Positive and negative servitude Positive : neighbors field Negative: not disturb light & air 2) Public and private servitude Public: to construct a highway over a private land Private: specific individual 3) Real and Personal servitude Real : owner of land Personal : occupant of the land

13. MODES OF ACQUISITION OF PROPERTY Possession Prescription Agreement Inheritance

14. 1. possession Property acquired through possession(by Salmond) The possessor of the property enjoys good title until evicted by the real owner. Res nullius (a thing which belongs to no one) concept.

15. 2. Prescription Positive prescription- right over property acquired by lapse of time (Indian Easement Act –using well located in someone else land continuously) Negative prescription-destroys the right on property with lapse of time( right to sue for the dept after 3 years)

16. 3. agreement Valid Agreements Void and voidable Agreements An agreement has four essential elements which are as follows – There should be two or more parties to an agreement Mutual consent of the parties It should be communicated; There should be common intention to affect the legal relationship

17. 4. inheritance When a person dies, certain rights survive him and pass on to his heirs and successors. Intestate Testamentary

18. conclusion Property is a source of power A source of labor T he best and the safest form of investment in the modern time.

19. Thank you MD ROKON UDDIN ID-232461055 DIHAN ALFI DIDAR ID-232461040