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Lecture 2. Jurisprudence. notes. 6th semester-converted

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Lecture 2 Jurisprudence/ Chapter: Ownership 6th Semester

Meaning & Definition

Ownership refers to the relation that a person has with an object that he owns. It is an aggregate of all the rights that he has with regards to the said object. These rights are in rem, that is, they can be enforced against the whole world and not just any specific person. The concept of ownership flows from that of possession. In the primitive societies, there was no idea of ownership. The only concept that they identified with was that of possession. It was only after they started settling down by building homes and cultivating land that they developed the idea of ownership.

According to Austin, ownership refers to “a right indefinite in point of user, unrestricted in point of disposition and unlimited in point of duration.”

Concurring with Austin’s view, Holland defines ownership as the right of absolute control over an object. According to him, ownership is an aggregate of all rights pertaining to the possession, enjoyment and disposition of an object. According to Salmond, “ownership, in its most comprehensive signification, denotes the relation between a person and right that is vested in him.”

Essentials of Ownership

Upon analyzing the various definitions of ownership, the following essentials of ownership can be derived:

Indefinite point of user- The owner of a property has the liberty to use it. Others have the duty to not to use it or to not to interfere with the owner’s right to use it.

Unrestricted point of disposition- The owner has the right to dispose of the property at his own will. A person needs to have the ownership of a thing in order to transfer that ownership to someone else. Mere possession does not give the power to dispose of the ownership.

Right to possess- The owner has the right to possess the thing which he owns.

Right to exhaust- If the nature of the thing which is owned is such that it can be exhausted then the owner has the right to exhaust it at his own will.

Residuary character- The owner may part with several rights with regards to the thing he owns. This does not take away the ownership from him.

Right to destroy or alienate- An owner has the right to destroy or alienate the thing that he owns.

Subject Matter of Ownership

One of the subject matters of ownership is material objects. Salmond is of the view that the real subject matter of ownership is rights. This particular view of Salmond is supported by the common law system. However, it has also received some amount of criticism. It has been argued that law generally recognizes ownership of land and chattels and not of any right. A person is said to have certain rights and not own rights.

The subject-matter of ownership is essentially determined by the legal system of a state. There are certain objects which, by their very nature, are incapable of being owned such as jungles, air, water, etc. However, the legal system of a country may recognize the ownership of such objects thereby making them a subject matter of ownership.

Modes of Acquisition

Ownership may be acquired in two ways.

Firstly, ownership may be acquired over a thing which has no owner. Such things are known as res nullius and the ownership may be acquired by possession.

Secondly, there may be things which are already owned by someone else. The ownership in such cases can be acquired using the derivative method, that is, by way of purchase, gift, inheritance, etc. The acquisition of ownership, unlike possession, has to be done strictly by lawful means.

4. Vested and Contingent Ownership

All kinds of ownership may either be vested or contingent. Ownership is vested ownership when the title of the person is perfect. On the other hand, ownership can be said to be contingent if it is imperfect and can be perfected subject to the fulfilment of certain conditions. Thus, contingent ownership is conditional in nature.

5. Sole Ownership and Co-ownership

Under ordinary circumstances, a right can be owned by only one person at a time. Such ownership is known as sole ownership. However, in certain cases, same right may be vested in two individuals at the same time. This is known as co-ownership. For instance, partners of a firm are co-owners of the partnership property.

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Lecture 2. Jurisprudence. notes. 6th semester-converted

Course: LLB 3 year (LAW)

166 Documents
Students shared 166 documents in this course
Was this document helpful?
Lecture 2 Jurisprudence/ Chapter: Ownership 6th Semester
Meaning & Definition
Ownership refers to the relation that a person has with an object that he owns. It is an
aggregate of all the rights that he has with regards to the said object. These rights are in rem,
that is, they can be enforced against the whole world and not just any specific person. The
concept of ownership flows from that of possession. In the primitive societies, there was no
idea of ownership. The only concept that they identified with was that of possession. It was
only after they started settling down by building homes and cultivating land that they
developed the idea of ownership.
According to Austin, ownership refers to “a right indefinite in point of user, unrestricted in
point of disposition and unlimited in point of duration.”
Concurring with Austin’s view, Holland defines ownership as the right of absolute control over
an object. According to him, ownership is an aggregate of all rights pertaining to the possession,
enjoyment and disposition of an object. According to Salmond, “ownership, in its most
comprehensive signification, denotes the relation between a person and right that is vested in
him.”
Essentials of Ownership
Upon analyzing the various definitions of ownership, the following essentials of ownership can
be derived:
Indefinite point of user- The owner of a property has the liberty to use it. Others have the duty
to not to use it or to not to interfere with the owner’s right to use it.
Unrestricted point of disposition- The owner has the right to dispose of the property at his own
will. A person needs to have the ownership of a thing in order to transfer that ownership to
someone else. Mere possession does not give the power to dispose of the ownership.
Right to possess- The owner has the right to possess the thing which he owns.
Right to exhaust- If the nature of the thing which is owned is such that it can be exhausted then
the owner has the right to exhaust it at his own will.
Residuary character- The owner may part with several rights with regards to the thing he owns.
This does not take away the ownership from him.
Right to destroy or alienate- An owner has the right to destroy or alienate the thing that he
owns.