Property law in India is a broad area of law that governs the ownership, transfer, and regulation of property (both movable and immovable). It is derived from a mix of statutory law, common law principles, and customary practices. Here’s a structured overview:
1. Types of Property
Movable Property – Anything that can be transferred from one place to another (e.g., vehicles, jewellery, furniture).
Immovable Property – Land, buildings, and things permanently attached to land (like trees, houses, minerals).
2. Key Legislations Governing Property
Transfer of Property Act, 1882 (TPA)
Governs transfer of property between living persons (inter vivos).
Covers sale, mortgage, lease, exchange, and gift of immovable property.
Provides rules for rights and liabilities of buyers, sellers, lessors, lessees, mortgagors, and mortgagees.
Indian Easements Act, 1882
Deals with rights to use land belonging to others (e.g., right of way, light, air, water).
Indian Succession Act, 1925
Governs inheritance and succession for non-Muslims (Hindus, Sikhs, Buddhists, Christians, Parsis).
Muslim succession is governed by Muslim Personal Law (Shariat) Application Act, 1937.
Hindu Succession Act, 1956 (amended in 2005)
Governs intestate succession among Hindus, Buddhists, Sikhs, and Jains.
2005 amendment gave equal inheritance rights to daughters.
Registration Act, 1908
Makes registration of certain documents (like sale deed, gift deed, lease above 12 months) compulsory.
Real Estate (Regulation and Development) Act, 2016 (RERA)
Protects homebuyers and regulates real estate developers.
Benami Transactions (Prohibition) Act, 1988 (amended 2016)
Prohibits holding property in someone else’s name to conceal ownership.
3. Modes of Transfer of Property under TPA
Sale – Transfer of ownership for a price.
Gift – Transfer without consideration (must be in writing, registered, and accepted).
Mortgage – Transfer of interest in property to secure repayment of a loan.
Lease – Transfer of right to enjoy property for consideration.
Exchange – Mutual transfer of ownership between two parties.
4. Inheritance and Succession
Hindus (Hindu Succession Act, 1956) – Property devolves on Class I heirs first (sons, daughters, widow, mother).
Muslims – Governed by Shariat; fixed shares to heirs, will allowed only up to one-third of property (without heirs’ consent).
Christians/others – Governed by Indian Succession Act, 1925.
5. Important Concepts
Joint Family Property & Coparcenary (Hindus) – Male and female coparceners (post-2005) have equal rights in ancestral property.
Adverse Possession – If a person occupies land openly, peacefully, and continuously for 12 years (private property) without owner’s action, ownership may be claimed.
Tenancy Laws – Govern rights of landlords and tenants, vary by state.
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