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If the value of the property was entirely in the virtual currency such as lindens, then the dispute would have been entirely in the virtual space and fit for a Virtual Court to decide. But in the instance case, the convertibility of lindens to dollars creates a distinct link to the physical world and hence the dispute spills over to the physical space. Analogous troubles will arise in the future in several other transactions on the virtual space and we should keep ourselves mentally prepared for accepting new concepts of virtual property and laws relating to virtual property. The initial attempt is of course to extend the known physical society concepts to the virtual space while in due course we need to develop separate Cyber Jurisprudence to deal with such disputes. If the Braggs case is to be decided in Pakistan according to physical laws, the nature of the property being Land, the transfer should be subject to Transfer of Property Act and Registration Act. Transfer of Property Act does not however recognize virtual land as an immovable property and therefore the transaction would not be valid under its provisions. If however, the piece of VirtualLand is considered a unit of property created out of the contractual agreement between the player and the gaming company as well as one player with another player, while it enables application of the concepts of Contract Laws, it conflicts with the basic requirement of Meeting of the Minds in contracts. The reason is that in this case, the parties dealt with the unit of property as an Immovable Property and not as any thing else. If the buyer and the seller thought and acted as if thy were buying and selling a piece of land, it would be in appropriate to adjudicate on the dispute ignoring this basic thought behind the transaction and considering it as some thing else. They had the psychological satisfaction of using it as land, perhaps constructed buildings over it, rented it out and experienced all the pleasures and pains of ownership of an immovable property. In fact some characteristics of this virtual property give it an Intellectual Property Character since the way the property is used is a Creation in the minds of an imaginative player. It would therefore be neither appropriate to treat the dispute as a Transfer of Property Dispute or a Contractual Property Dispute. The IPR laws such as It is for this reason that Naavi. org has been advocating that Cyber Laws have to be drafted By the Netizens and For the Netizens for it to have some meaning. We need a fresh thinking on most of the disputes and we should Learn to Unlearn our physical society concepts. This is the first principle in the development of Cyber Jurisprudence. Where its nature concerns intangible, incorporeal or ethereal whatever they call it, it exists substantially, prevailed and become indispensable part of life of man of this digital age, we may call it virtual environment. Website addresses, or email addresses, unlike the property in physical world are intangible and incorporeal in nature. The immense dependence of digital technology by man and unpredictable advancement in cyberspace still is not in frame of proper legal mechanism. The Indian apex court in a case Seelan v. Presiding officer observed as software is intangible and is difficult to classify in legal terms. Another verdict of in the case of Bragg v. Lindin court holdsthat although the facts of the case are virtual but the dispute is real. In fact the court considered the facts and subject matter in above of the case, the jurists in the world hoisted various comments on this verdict of in different ways but mostly are agreed that the court has considered and measured the virtual property. In the legal sense virtual property is a system, code or organism which performs function as the corporeal object in the real world. By and large, the legal definition of virtual property is no more ambiguous and in flux, making it easy to even find a starting point for a discussion of the topic, as much as a working definition. According to commentators advocating independent property rights in virtual property, an e mail account is a form of virtual property. By extension, another type of unique user account is also virtual property. A domain name, too, is virtual property. The example of an item existing in the context of a virtual world, such as an online game, is also virtual property. Given the gulf between traditional property and virtual property, however, the question that one must ask, may, Does the popularization of virtual reality based pastimes and the corresponding growth in the virtual property trade call for the development of new property law doctrines to protect virtual property?The answer is yes, all these form of virtual properties required to be measured as legal recognition and a uniform international cyber rules and laws may work to get common legal approach. For virtual property, no doubt the implications of this growth are wide ranging. At the most fundamental level, unlimited variability in virtual environment characteristics means that while virtual property in all environments may be protect able. Moreover, each virtual environment may not potentially require its own particularized set of laws, tailored to fit the environments unique characteristics, just uniform set of laws may be a code to be bespoken. Legal issues relating to the electronic communication and internet in this contemporary world as being necessitated of new kind of jurisprudence, which may be cyber jurisprudence with a virtual approach. Cyber jurisprudence gives an analysis of the law where, is no land and even there is no border, where all things may be different from the physical world, they may be virtual from origin and nature.

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