Under which of the following conditions, section 12 of the Transfer of Property Act, 1882 is not…
Section 12 of the Transfer of Property Act (condition making an interest determinable on insolvency or attempted alienation) does not apply to a condition in a lease for the…
Choose your answer
Under which of the following conditions, section 12 of the Transfer of Property Act, 1882 is not applicable?
Answer and explanation
Correct answer D
Section 12 of the Transfer of Property Act (condition making an interest determinable on insolvency or attempted alienation) does not apply to a condition in a lease for the benefit of the lessor, so it is not applicable "Where the transfer is by the way of lease."
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