Transfer of Property is something that every individual witnesses. There is however, a series of exceptions to this, as enumerated under sub-sections (a) to (i), explained hereafter. In general “property of any kind may be transferred’. Section 6 of the Act explains the nature of the property liable to be transferred under the said provision.
In India, transfer of property is not possible for every individual because of financial issues.
“Transfer of property” defined In the following sections “transfer of property” means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, 2[or to himself] and one or more other living persons; and “to transfer property” … As the transfer of property’ means ‘conveying of property’, i.e., creation of new title or interest in the favour of the transferee, if new title or interest has not created in favour of transferee , the property cannot be said to be conveyed, thus no transfer of property. The author discusses the concept of Lease under the Transfer of Property Act, 1882. It is also known as ‘equity of part-performance’. The doctrine of part- performance is an equitable doctrine. Under the provisions of the Transfer of Property Act, 1882, the seller is duty bound to disclose: A. The definition of Transfer of Property is given under Section 5 of the Transfer of Property Act, 1882 which states it ‘as a conveyance of a property from a living person that might be a company, group of individuals etc.’ It can be done in either present or in future and to another living person or to himself or to both. The permanent or absolute transfer is a luxury for some people, but a temporary transfer is something that has given every citizen the right of enjoying any property. Properties and Rights which cannot be transferable under the Transfer of Property Act, 1882 In the Transfer of Property is defined in section 5 of the Transfer of Property Act as an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, and one or more other living persons, and to transfer property is to perform such act
A transfer of property passes forthwith to the transferee all the interest which the transferor is then capable of passing in the property, unless a different intention is expressed or implied. It contains specific provisions regarding what constitutes a transfer and the conditions attached to it. 1. The Transfer of Property Act 1882 is an Indian legislation which regulates the transfer of property in India. Latent defects in the property … Patent defects in the property B. Multiple Choice Questions (MCQs) and answers on Transfer of Property Act especially compiled for law students!