Which section of the Transfer of Property Act, 1882 defines a sale of immovable property?
Section 54 defines a sale of immovable property as a transfer of ownership for a price. Sections 53, 55 and 56 address fraudulent transfers, buyer and seller rights and…
Choose your answer
Which section of the Transfer of Property Act, 1882 defines a sale of immovable property?
Answer and explanation
Correct answer B
Section 54 defines a sale of immovable property as a transfer of ownership for a price. Sections 53, 55 and 56 address fraudulent transfers, buyer and seller rights and duties, and marshalling respectively.
Option feedback
Option A
Section 53 concerns fraudulent transfers.
Option B
Section 54 defines sale as transfer of ownership for a price paid, promised, or partly paid and partly promised.
Option C
Section 55 concerns the rights and liabilities of buyers and sellers.
Option D
Section 56 addresses marshalling by a subsequent purchaser.
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