Explain the kinds of property with examples, and discuss the significance of the constitutional definition of property in Article 25 of the Constitution of Nepal (2015).

In ordinary language, "property" means a thing — a house, a plot of land, a motorbike. Jurisprudence corrects this: property is not a thing but a right over things — a set of legal relations between persons with respect to things. When a farmer "owns" land in the Terai, the soil itself is not the property; his property is the bundle of legal powers over that soil: to use, to exclude, to income, to transfer. This conceptual correction — from res (thing) to jus in re (right in a thing) — is the foundation of this unit and of the entire Property Law paper. Definitions to master: Austin: property is "a right, unlimited in point of disposition, over a determinate thing" — the widest right of dominion. Salmond: corporeal property consists of "rights in rem over material things"; property in its wider sense embraces all a person's rights in rem, whether over material things (land, goods) or immaterial objects (copyright, goodwill). Bentham: property is "nothing but the basis of expectation" — the legally guaranteed belief that one will derive advantages from a thing. Three conceptual points: Property is a bundle of rights. Ownership is conventionally decomposed into usus (use), usus fructus (fruits/income), abusus (consumption/destruction/transfer) — and modernly into the "bundle of sticks": possession, use, management, income, capital (transfer), security (pledging),…