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T H E ROL E OF T H E

STATE I N R E G U L AT I N G
PROPERTY RIGHTS
By- Zigyasha Somkar (21191)
21191
I N T RO D U C T I O N
The state's role in regulating property rights is complex; it creates a
legal framework that balances individual ownership with public interest.
In general, the state's role in regulating property rights can be broken
down into three main categories:
1. Establishing and enforcing property laws
2. Balancing private property rights with public interests
3. Promoting social and economic goals
The state balances private and public interests while promoting social
and economic goals in regulating property rights.
T H E STATE’s ROLE I N R E G U L AT I N G PROPERTY RIGHTS

The state manages property rights through legal frameworks and property
laws, governing material and immaterial possessions like real estate,
intellectual property, and trademarks, and upholding them through law
enforcement.
For the purposes of social justice and economic efficiency, the state controls
property rights through enforcing limitations to avoid monopolies, promoting
responsible real estate use, and redistributing property rights through taxes or
land reform.
Safeguarding property rights of vulnerable groups is crucial for their
economic, social, and cultural well-being, preventing exploitation, ensuring
fair compensation, and promoting sustainability.
RELATIONSHIP BETWEEN PROPERTY RIGHTS
A N D E C O N O M I C D E V E LO P M E N T
Property rights are the social and legal rights that people and organisations have
over the possession, management, and transfer of property. Economic
development and growth have been demonstrated to be positively impacted by
strong property rights safeguards.

Some ways in which property rights impact economic growth and development:
1. Encourages investment
2. Facilitates credit access
3. Increases productivity
C H A L L E N G E S A N D LIMITATIONS O F STATE
R E G U L AT I O N O F PROPERTY RIGHTS

CHALLENGES LIMITATIONS
1.Conflicts of Interest 1. Limited Resources

2. Economic Factors 2. Negative Economic Impact

3. Legal Complexity 3. Political interference


R E CO M M E N DAT I O N S FOR EFFECTIVE STATE
R E G U L AT I O N O F PROPERTY RIGHTS

1.Create laws that are easily enforced and that specify property rights and
property owners' obligations.

2. Clarity and transparency

3. Monitoring and evaluation


C O N C LU S I O N

The state plays a crucial role in regulating property rights to balance the interests
of property owners and the public. Restrictions can be imposed to protect the
welfare of the community, with a focus on transparency, stakeholder involvement,
and evaluation. The state should ensure reasonable and just restrictions, tailored
to each property's needs and location, to achieve effective regulation without
placing undue burden on property owners.

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