Section 14 of the Transfer of Property Act 1882 deals with-
Section 14 sets the rule against perpetuity. A transfer cannot postpone the taking effect of an interest beyond the lives of persons living at the transfer date and the…
Choose your answer
Section 14 of the Transfer of Property Act 1882 deals with-
Answer and explanation
Correct answer B
Section 14 sets the rule against perpetuity. A transfer cannot postpone the taking effect of an interest beyond the lives of persons living at the transfer date and the minority of the qualifying person then in existence. The rule limits remote vesting of interests, rather than addressing ownership documents or exchange.
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 -
Gauhati High Court Law Clerk
-
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