ESSENTIAL ELEMENTS OF LEASE
1. PartiesThe guardian of the minor may grant lease for the period of 5 years, more than this permission of court is required.
2. Possession(only immovable) (only usufruct is transferred)
3. Premium
4. PeriodKeep Reading
Section 53 of Transfer of Property Act. Every owner of property has right to transfer his property as he likes.
But the transfer must be made with a bonafide intention. Where the transfer is made with fraudulent intention, it means with the intention of defeating the interest of creditor or interest of any subsequent transferee. Where the transfer is made with fraudulent intention, the object of the transfer would be bad in the eyes of equity and justice; though it is valid in law.Keep Reading
CAN THERE BE DIRECT TRANSFER TO UNBORN PERSON?
There cannot be any direct transfer to unborn person.
An unborn person means a person who is not in existence even in mother’s womb.
For the transfer to unborn person the following three rules must be followed…Keep Reading
A mortgage is a transfer of an interest in specific immovable property for the purpose of securing the debt.
ELEMENTS OF MORTGAGE
1. There must be a transfer of an interest.
2. There must be specific immovable property intended to be mortgaged…Keep Reading
Posthumous means ‘occurring or appearing after the death’.
The succession can be either Testamentary or Intestate.
TPA and Hindu Succession Act, both talk about this type of succession.Keep Reading
Onerous Gifts is defined under Section 127 of Transfer of Property Act, 1882.
This section is based on the maxim-
“Qui sentit commodum, sentire debet et onus”
It means he who receives advantage must bear the burden also.Keep Reading
Section 41 of transfer of property act defines ostensible owner.
Ostensible owner is a person who has all the indications of ownership and looks like owner of property but is not the real owner.Keep Reading
A beautiful PDF for Transfer of Property Act (bare act) made by WritingLaw.
The PDF is colourful, helpful and suitable for mobile reading. You can download it from here and save it for offline use.Keep Reading
Hi,
Here you can download PDF for above 7 bare acts. I have made these PDFs properly made with right colours, section headings, links etc.Keep Reading
TRANSFER OF PROPERTY ACT, 1882 An Act to amend the law relating to the Transfer of Property by act of parties. Preamble– Whereas it is expedient to define and amend certain parts of the law relating to the transfer of property by act of parties; it is hereby enacted asKeep Reading
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