Which pair consists of two transfers of immovable property by act of living persons under the Transfer…
Section 5 describes a transfer by act of living persons. A sale transfers ownership under section 54, and a mortgage transfers an interest under section 58. An ordinary…
Choose your answer
Which pair consists of two transfers of immovable property by act of living persons under the Transfer of Property Act, 1882?
Answer and explanation
Correct answer C
Section 5 describes a transfer by act of living persons. A sale transfers ownership under section 54, and a mortgage transfers an interest under section 58. An ordinary partition adjusts pre-existing rights, a will operates on death, and the bailment and pledge in the question concern goods.
Option feedback
Option A
Sale qualifies, but ordinary partition adjusts existing joint interests.
Option B
Mortgage qualifies, but a will is testamentary.
Option C
Both transactions convey ownership or an interest during life.
Option D
These are arrangements involving goods under the Indian Contract Act.
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