How Many Sections Are There In The Transfer Of Property Act 1882?

How property is divided in family law in India?

Under the Hindu law, property is divided into two types: ancestral and self-acquired.

So, by law, a father cannot will such property to anyone he wants to, or deprive a daughter of her share in it.

By birth, a daughter has a share in the ancestral property..

How many sections are there in the Transfer of Property Act?

—The Chapters and sections of this Act which relate to contracts shall be taken as part of the Indian Contract Act, 1872 (9 of 1872). 1[And section 54, paragraphs 2 and 3, and sections 59, 107 and 123 shall be read as supplemental to the Indian Registration Act, 2[1908 (16 of 1908)].] 5. “Transfer of property” defined.

What is transfer of property act in India?

The Transfer of Property Act 1882 is an Indian legislation which regulates the transfer of property in India. … According to the Act, ‘transfer of property’ means an act by which a person conveys the property to one or more persons, or himself and one or more other persons.

What are the 4 property rights?

This attribute has four broad components and is often referred to as a bundle of rights: the right to use the good. the right to earn income from the good. the right to transfer the good to others, alter it, abandon it, or destroy it (the right to ownership cessation)

How can property be transferred?

The most common way is through a sale deed where a payment is made for ownership transfer. There are other ways to get ownership conveyance, when there is no consideration paid. One example is property transferred through a will. You can also gift a property through a gift deed.

Which of the following is the time limit given under Section 17 of the Transfer of Property Act 1882?

eighteen years(b) a period of eighteen years from the date of transfer, such direction shall, save as hereinafter provided, be void to the extent to which the period during which the accumulation is directed exceeds the longer of the aforesaid periods, and at the end of such last-mentioned period the property and the income thereof …

Which of the following can be transferred under the provisions of the Transfer of Property Act 1882?

According to Section 43 of the Transfer of Property Act 1882, in case a person either fraudulently or erroneously represents that he is authorised to transfer certain immovable property and does some acts to transfer such property for consideration , then such a transfer will continue to operate in future.

Which property Cannot be transferred?

Transfer of Property Act, 1882 An interest in property restricted in its enjoyment to the owner personally cannot be transferred by him. A right to future maintenance, in whatsoever manner arising, secured or determined, cannot be transferred. A mere right to sue cannot be transferred.

Who is competent to transfer the property?

Every person competent to contract and entitled to transferable property, or authorised to dispose of transferable property not his own, is competent to transfer such property either wholly or in part, and either absolutely or conditionally, in the circumstances, to the extent and in the manner, allowed and prescribed …