True or False: Private owners are held responsible for damages their property causes to the property of others.

True

Explanation:

The right to private property is a natural right, but that right is of the negative type, that means that the right ends when it affects the rights of other people.

If you own private property, but the use of your private property is damaging the property of others, then, you have to change the way you are using it until the damages no more the other person's property.

If for example you own a house, and play loud music every night, your are infringing your neighbors right to sleep inside their private property (their houses), therefore, you must stop playing the loud music so that you do not damange your neighbors property anymore.