Law Info Nepal

3 Kinds of Property

यो उत्तर युनिट १ मा छ — पूरै निःशुल्क।

The classifications (each pair recurring throughout the course):

1. Immovable (real) / movable (personal): land and things attached to it vs. chattels — the distinction governing formalities (registration for immovables; delivery for movables), limitation, remedies;

2. Corporeal / incorporeal: tangible things vs. rights as objects (copyright, goodwill, a debt, an easement) — the IP unit's foundation;

3. Private / public (State) / common: individual ownership; State ownership (forest, government land — ailani jagga); commons (pastures, community forests — the community- forestry regime);

4. Movable further: consumables/non-consumables; fungible/specific; ** choses in possession / choses in action**;

5. Immovable further (the Nepali statutory taxonomy): land (agricultural/residential (ghaderi)/commercial by use); buildings; hereditary and acquired property (the family-law division that drives partition); guthi land (by tenure);

6. Trust property — owned in law by the trustee, held for beneficiaries (Unit 10).

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