WebAug 20, 2024 · As per section 58 (e) of the Transfer of Property Act, in English mortgage, there is an absolute transfer of property to mortgagee with a condition that when the debt is paid off on a certain date, he (mortgagee) shall re-transfer the property to the mortgagor. WebOct 5, 2024 · The gift is considered as a transfer, thus it is preceded by a contract for the transfer. This contract can be express or implied. If the foregoing contract is rescinded then there is no need of the upcoming transfer to occur. Thus, under Section 126 of TOPA, a gift can be abrogated on the same grounds on which its contract can be rescinded.
THE TRANSFER OF PROPERTY ACT, 1882 ARRANGEMENT …
WebMar 4, 2024 · Introduction. Actionable claim means a debt or a claim on which action can be started in a Court of law for comfort or relief. The civil Courts recognized as giving the grounds for relief whether such claims are conditional, accruing and other. The actionable claim is defined under section 3 of the Transfer of Property Act, 1882. WebOct 2, 2024 · “Gift” is the transfer of certain existing movable or immovable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Acceptance when to be made- the cockermouth keswick and penrith railway
Section 29. Transfer of Property Act, Fulfilment of condition subsequent.
WebJul 2, 2024 · In this article, we shall deal with the conditional transfer in detail which has been explained under Sections 25 to 34 of the Act. CONCEPT OF CONDITIONAL TRANSFER [1] Any transfer of property … WebJul 12, 2024 · Conclusion. The object behind the Transfer of Property Act, 1882 was of the free transfer of the property. Section 10 of the Act lays down the conditions that when a property is transferred imposing a condition of absolute restraint of alienation on the transferee, the same is void. The right to ownership of property includes all the rights ... WebMar 16, 2024 · A transfer of ownership due to foreclosure or a foreclosure sale is exempt from TOPA (D.C. Official Code § 42-3404.02(c)(2)(C)). For additional information on this … the cocker spaniel book