In the context of the Transfer of Property Act, 1882, a person who projects himself to be owner when he…
A person who appears to be the owner of property while the real title lies with another is an "ostensible owner"; section 41 of the Transfer of Property Act protects a…
Choose your answer
In the context of the Transfer of Property Act, 1882, a person who projects himself to be owner when he is not is called
Answer and explanation
Correct answer A
A person who appears to be the owner of property while the real title lies with another is an "ostensible owner"; section 41 of the Transfer of Property Act protects a transferee from him only if the real owner consented, the transfer was for consideration and the transferee took reasonable care and acted in good faith.
A co-owner holds a share in the property, and an equitable owner holds the beneficial interest; neither merely projects himself as owner.
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 -
Odisha 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