Law Info Nepal

2 Theories of Property

यो उत्तर युनिट १ मा छ — पूरै निःशुल्क।

The classic four (learn with critiques — full development in Jurisprudence-II):

1. Labour theory (Locke): ownership earned by mixing labour with nature — the tiller's title; critique: unclear mixing, and used historically to dispossess customary users;

2. Utilitarian theory (Bentham): property is law's creation, justified by the security of expectation it produces — "property and law are born together, and die together"; the theory of most modern property legislation (registration, limitation, reform);

3. Personality theory (Hegel): property as the external sphere of the will — the person embodied in things; critique: moving for heirlooms, unconvincing for share portfolios;

4. Bundle-of-rights/positivist analysis (Hohfeld; Honoré's incidents): property as decomposable legal relations that statute can split and recombine — lease, mortgage, easement as separated sticks; the working theory of this entire course.

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