118. “Exchange” defined.
When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transaction is called an “exchange”.
A transfer of property in completion of an exchange can be made only in manner provided for the transfer of such property by sale.
Transfer of Property Act full bare act.
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- Section 31 BNS (Bharatiya Nyaya Sanhita) - 20th February 2026
- Section 32 BNS (Bharatiya Nyaya Sanhita) - 20th February 2026
- Section 33 BNS (Bharatiya Nyaya Sanhita) - 19th February 2026





