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Page 1 Movable and Immovable Property Page 2 Movable and Immovable Property Property: Movable and Immovable Property Broad Concept Property encompasses all rights of an individual except personal rights that define societal standing. Dynamic Interpretation As asserted in Raichand v. Dattarya, property interpretation is evolving. Categorization Property is categorized into movable and immovable, each governed by specific laws. Page 3 Movable and Immovable Property Property: Movable and Immovable Property Broad Concept Property encompasses all rights of an individual except personal rights that define societal standing. Dynamic Interpretation As asserted in Raichand v. Dattarya, property interpretation is evolving. Categorization Property is categorized into movable and immovable, each governed by specific laws. Distinguishing Movable and Immovable Property Movable Property Assets that can be physically moved or transferred from one place to another. Vehicles Jewelry Furniture Immovable Property Assets that cannot be moved and are fixed to a specific location. Land Buildings Real estate Page 4 Movable and Immovable Property Property: Movable and Immovable Property Broad Concept Property encompasses all rights of an individual except personal rights that define societal standing. Dynamic Interpretation As asserted in Raichand v. Dattarya, property interpretation is evolving. Categorization Property is categorized into movable and immovable, each governed by specific laws. Distinguishing Movable and Immovable Property Movable Property Assets that can be physically moved or transferred from one place to another. Vehicles Jewelry Furniture Immovable Property Assets that cannot be moved and are fixed to a specific location. Land Buildings Real estate Definition of Movable Property General Clauses Act Section 3(36) defines movable property as property of all types, excluding immovable property. Registration Act, 1908 Section 2(9) includes standing timber, growing crops, grass, fruits, and other property types. Natural Resources Crops, vegetables, fruits, and grass are movable since they need to be harvested for use. Page 5 Movable and Immovable Property Property: Movable and Immovable Property Broad Concept Property encompasses all rights of an individual except personal rights that define societal standing. Dynamic Interpretation As asserted in Raichand v. Dattarya, property interpretation is evolving. Categorization Property is categorized into movable and immovable, each governed by specific laws. Distinguishing Movable and Immovable Property Movable Property Assets that can be physically moved or transferred from one place to another. Vehicles Jewelry Furniture Immovable Property Assets that cannot be moved and are fixed to a specific location. Land Buildings Real estate Definition of Movable Property General Clauses Act Section 3(36) defines movable property as property of all types, excluding immovable property. Registration Act, 1908 Section 2(9) includes standing timber, growing crops, grass, fruits, and other property types. Natural Resources Crops, vegetables, fruits, and grass are movable since they need to be harvested for use. Definition of Movable Property (Continued) Timber Becomes movable only after being separated from the land. IPC Section 22 Includes tangible property except land and items permanently affixed to earth. Transfer of Property Act Does not explicitly define movable property as it primarily governs immovable property transfer.Read More
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