ldquo Transfer of Property Act rdquo applies to whom ........

Transfer of Property Act Others

“Transfer of Property Act” applies to whom?

One dead-one living parties

Two living parties

Above (a) & (b)

None of above

- The Transfer of Property Act primarily deals with the transfer of property between living persons.

- Option 1: One dead-one living parties

- This is not applicable as the Act applies between living parties, known as inter vivos transfers.

- Option 2: Two living parties

- This is the correct option. The Act governs transactions between living persons such as sales, mortgages, leases, and gifts.

- Option 3: Above (a) & (b)

- This is incorrect as the Act does not apply to transfers involving deceased persons.

- Option 4: None of above

- This is incorrect since Option 2 is indeed applicable.

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