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Which of the following is incompatible with a sale of immovable property under section 54 of the…

Section 54 defines sale as a transfer of ownership in exchange for a price paid, promised, or partly paid and partly promised. A transfer with no price paid or promised does…

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Which of the following is incompatible with a sale of immovable property under section 54 of the Transfer of Property Act, 1882?

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Answer and explanation

Correct answer B

Section 54 defines sale as a transfer of ownership in exchange for a price paid, promised, or partly paid and partly promised. A transfer with no price paid or promised does not meet that definition.

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Option A

A sale is a transfer of ownership from a seller to a buyer.

Option B

The definition requires a price paid or promised, so the absence of any price is incompatible with a sale.

Option C

Transfer of ownership is part of the section 54 definition.

Option D

The definition expressly permits a price that is partly paid and partly promised.

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