Site navigation

Under section 54 of the Transfer of Property Act, 1882, what is the minimum value at which a sale of…

Section 54 requires a registered instrument for the sale of tangible immovable property worth ₹100 or more. For tangible immovable property below ₹100, the section permits…

Choose your answer

Under section 54 of the Transfer of Property Act, 1882, what is the minimum value at which a sale of tangible immovable property must be made by registered instrument?

Select one answer
Answer and explanation

Correct answer A

Section 54 requires a registered instrument for the sale of tangible immovable property worth ₹100 or more. For tangible immovable property below ₹100, the section permits either a registered instrument or delivery. The question concerns the mode of sale prescribed by that section.

Option feedback

Option A

Section 54 sets ₹100 as the threshold for tangible immovable property.

Option B

₹50 is below the stated threshold. Section 54 permits delivery as an alternative for tangible property below ₹100.

Option C

₹25 is below the stated threshold for the mandatory mode in section 54.

Option D

₹90 is also below the stated threshold for the mandatory mode in section 54.

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic