Modes of Transfer of Property in India

Modes of Transfer of Property in India
Author: Prof. Dr. Rachana Choudhary
Publisher: Inkbound Publishers
Total Pages: 291
Release: 2023-12-11
Genre: Law
ISBN: 8195653316

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Explore the various legal mechanisms for property transfer in India with this comprehensive guide. Covering sale, lease, mortgage, gift, and more, this book delves into the intricacies of property law, offering practical insights for legal professionals, property developers, and individuals navigating the Indian real estate market.

The Property Law of India

The Property Law of India
Author: Shubham Sinha
Publisher: Createspace Independent Publishing Platform
Total Pages: 54
Release: 2015-11-05
Genre:
ISBN: 9781515241591

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This book is BARE ACT of Indian Law on property and its transfers applicable within Indian territories. It is the hardcore set of rules as exactly provided by Indian government authorities. The Transfer of Property Act 1882 is an Indian legislation which regulates the transfer of property in India. It contains specific provisions regarding what constitutes transfer and the conditions attached to it. It came into force on 1st July 1882. According to the Act, 'transfer of property' means an act by which a person conveys property to one or more persons, or himself and one or more other persons. The act of transfer may be done in the present or for the future. The person may include an individual, company or association or body of individuals, and any kind of property may be transferred, including the transfer of immovable property. Property is broadly classified into the following categories: Immovable Property (excluding standing timber, growing crops, and grass) Movable Property The Interpretation of the Act, says "Immovable property does not includes standing timber, growing crops or grass". Section 3(26), The General Clauses Act, 1897, defines, " immovable property" shall include land, benefits to arise out of land, and things attached to the earth, or permanently fastened to anything attached to the earth. Also, The Registration Act,1908, 2(6) "immovable property" includes land, buildings, hereditary allowances, rights to ways, lights, ferries, fisheries or any other benefit to arise out of land, and things attached to the earth or permanently fastened to anything which is attached to the earth, but not standing timber, growing crops nor grass. A transfer of property passes forthwith to the transferee all the interest which the transferor is then capable of passing in the property, unless a different intention is expressed or implied. Every person, who is competent to contract, is competent to transfer property, which can be transferred in whole or in part. He should be entitled to the transferable property, or authorised to dispose off transferable property which is not his own. The right may be either absolute or conditional, and the property may be movable or immovable, present or future. Such a transfer can be made orally, unless a transfer in writing is specifically required under any law. According to Section 6 of the Transfer of Property Act, property of any kind may be transferred. The person insisting non-transferability must prove the existence of some law or custom which restricts the right of transfer. Unless there is some legal restriction preventing the transfer, the owner of the property may transfer it. However, in some cases there may be transfer of property by unauthorised person who subsequently acquires interest in such property. In case the property is transferred subject to the condition which absolutely restrains the transferee from parting with or disposing of his interest in the property, the condition is void. The only exception is in the case of a lease where the condition is for the benefit of the lessor or those claiming under him. Generally, only the person having interest in the property is authorised to transfer his interest in the property and can pass on the proper title to any other person . There must be a representation by the transferor that he has authority to transfer the immovable property. The representation should be either fraudulent or erroneous. The transferee must act on the representation in good faith. The transfer should be done for a consideration. The transferor should subsequently acquire some interest in the property he had agreed to transfer. The transferee may have the option to acquire the interest which the transferor subsequently acquires.

Law of Ownership and Transfer of Property in India

Law of Ownership and Transfer of Property in India
Author: Sandeep Bhalla
Publisher: lawmystery.in
Total Pages: 1008
Release: 2017-08-03
Genre: Law
ISBN: 9352799534

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Ownership of property is a matter of fact. For example, I have an immovable property and I can enjoy it till I am interrupted by some one. However in law a person in possession of property is not necessarily its owner. Yet a person in possession has certain rights. All these aspects of ownership and possession are discussed in this book. In addition to above there are various other matters. Like Lease of land. Gift of movable and immovable property. Exchange of properties. Mortgage of properties. Rights and duties of all the persons involved in all these transactions. These are other matters covered in this book. This book deals with each aspect of Transfer of Properties Act, 1882 as applicable in India and also contains relevant leading precedents on most of the subjects which act as example of the problems. A unique feature of this ebook is that most of the cases/precedents/judgments referred and relied have relevant para extracted in the ebook with live links to the judgments. No more searching for relevant judgments which are just a click away. A must for a legal practitioner or a litigant alike.

Textbook on the Transfer of Property Act

Textbook on the Transfer of Property Act
Author: Avtar Singh
Publisher: Universal Law Publishing
Total Pages: 548
Release: 2009
Genre: Property
ISBN: 9788175347311

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Professional's Guide to Real Estate Law and Practice in India

Professional's Guide to Real Estate Law and Practice in India
Author: Sourish Mohan Mitra
Publisher: Bloomsbury Publishing
Total Pages: 436
Release: 2022-01-05
Genre: Law
ISBN: 9354353746

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About the Book Real estate touches everyone at some point of time in their lives and is much more than buying, selling or leasing immoveable property. It is a whole economy in itself and is often called one of the key drivers of the economy. This book contains a collection of real-life situations faced by common people while undertaking real estate transactions. It provides historical perspective for the current legislations and their evolution from the 19th century British India through more than seventy four years of independent India to the 21st century. It captures modern day practices, malpractices and reforms in the real estate sector. The book endeavours to bring out the practical nuances of dealing in real estate through numerous judicial pronouncements and contractual scenarios, which will enable everyone to understand the legal aspects and make informed choices while undertaking real estate transactions. Key Features - A curated commentary on real estate laws in India that is easy to read, comprehend and apply by everyone including lawyers, students, businessmen, investors, entities, organisations and the common people. - Holistic coverage of laws relating to real estate including their origin, evolution, and impact on modern-day governance structure. - Compilation of case laws spanning over a century showcasing the active role played by the judiciary in interpreting the law. - Highlights the complexities of maintaining records and administrative angle which led to reforms and easy access for the general public. - Underlines the importance of financial funding and sources to secure credit for real estate matters. - Special focus on environmental damage due to expanding real estate requirements, its implications and legal recourse. - Dedicated chapter on common malpractices and fraudulent activities. - Practical instances on how to gear up to handle real estate transactions and avoid common pitfalls.

A Handbook on Real Estate Investment

A Handbook on Real Estate Investment
Author: Anupam Srivastava (Advocate)
Publisher: Manupatra Information Sol P
Total Pages: 290
Release: 2007
Genre: Vendors and purchasers
ISBN: 8189542036

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Written in Indian context, this handbook serve as a guide to modes of acquisition, transfer & the implications thereof & disposal of Real Estate fromall relevant legal perspectives, both for foreign &domestic investors