Book 3 Chapter IX Paragraph 1
Wikisource / R. Shamasastry (1915) · Book 3 - Concerning Law / Chapter IX · Verse Paragraph 1
Sanskrit Original
RICH persons among kinsmen or neighbours shall in succession go for the purchase of land and other holdings. Neighbours of good family, forty in number and different from the purchasers above mentioned, shall congregate in front of the building for sale and announce it as such. Accurate description of the exact boundaries of fields, gardens, buildings of any kind, lakes or tanks shall be declared before the elders of the village or of the neighbourhood. If, on crying aloud thrice ‘Who will purchase this at such and such a price’? no opposition is offered, the purchaser may proceed to purchase the holding in question. If at this time the value of the property is increased by bidding even among persons of the same community, the increased amount together with the toll on the value shall be handed over into the king's treasury. The bidder (vikrayapratikroshtá) shall pay the toll. Bidding for a property in the absence of its owner shall be punished with a fine of 24 panas. If the owner does not come forward even on the expiration of seven nights, the bidder may take possession of the property. Sale of building, etc., (vástu) to other than the bidder shall be punished with a fine of 200 panas; if the property is other than buildings, etc., (vástu), the fine for the above offence shall be 24 panas. Thus the sale of buildings is dealt with.