Which section of the Transfer of Property Act, 1882 defines “transfer of property”?
Section 5 defines a transfer of property as an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, or…
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Which section of the Transfer of Property Act, 1882 defines “transfer of property”?
Answer and explanation
Correct answer B
Section 5 defines a transfer of property as an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, or to himself and one or more other living persons.
Option feedback
Option A
Section 3 is the interpretation clause, but section 5 gives the definition asked for.
Option B
Section 5 defines transfer of property as a conveyance by a living person within its stated terms.
Option C
Section 2(a) preserves enactments not expressly repealed by the Act.
Option D
The Act expressly defines the term in section 5.
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