According to the Transfer of Property Act, 1882, a sale of tangible immovable property may be made by…
Section 54 allows sale of tangible immovable property valued below ₹100 either by registered instrument or by delivery. At ₹100 or above, the statutory sale requires a…
Choose your answer
According to the Transfer of Property Act, 1882, a sale of tangible immovable property may be made by delivery of the property if the value of the property is:
Answer and explanation
Correct answer D
Section 54 allows sale of tangible immovable property valued below ₹100 either by registered instrument or by delivery. At ₹100 or above, the statutory sale requires a registered instrument. Delivery means placing the buyer, or a person directed by the buyer, in possession.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Maharashtra Judicial Services
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision