Introduction
Ownership category define the values to identify a property in terms of different sections of society. For example a property could be owned by:
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An Individual
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Ownership is the state or fact of exclusive rights and control over property, which may be any asset, including an object, land or real estate, or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties. Further the ownership can be categories based the nature and count of the parties property is owned by e.g Property owned by an individual who is the resident of city, by an institution etc.
Data Table
Data has Below represent the template on which data to be collected for all the ownership type classification in a state. Below is the data table used for that purpose with a sample values filled in:
Generally the Ownership categories are divided into the below mentioned categories:
. Data displayed in the table is sample data and given only for understanding it properly.
Sr. No | Ownership Type Category Code* | Ownership Type DescriptionCategory (In English)* | Ownership Type DescriptionCategory (In Native Local Language)* | |||
1 . | INDIVIDUAL | Individual | व्यक्तिगत | |||
2 . | COMPANY | Company | कंपनिगत | |||
3 . | SOCIETY | Society | सहकारी समिति4. | TRUST | Trust | ट्रस्ट |
5. | GOVERNMENT | Government | सरकारी |
*Mandatory Columns
Procedure
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Below is the description of the columns present in the data table:
Ownership Type Category Code: This is the code of the ownership category that we are trying to describe.
Ownership Type DescriptionCategory (In English): This is the description name of the Code ownership category in English language.
Ownership Type DescriptionCategory (In Native Local Language): This is the description name of the Code ownership category in the native local language.
Steps to fill Data
Firstly Identify all the categories of the ownership present in the state.
After which identify the codes of all the categories, if not present then form an abbreviated version of the code.
Start filling the template with the codes in second column, its English description name in 3rd and Hindi description name in 4th.
Validations
No category can be left without a code.
Make that the ownership type code should be unique and it should be generally an abbreviation of the description.
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Below attached is the template for gathering the data for Ownership TypeCategory:
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