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.
Download Transfer of Property Act PDF.
- Section 338 BNS (Bharatiya Nyaya Sanhita) - 2nd September 2025
- Section 339 BNS (Bharatiya Nyaya Sanhita) - 1st September 2025
- Section 340 BNS (Bharatiya Nyaya Sanhita) - 1st September 2025
