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“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.
By: santosh ProfileResourcesReport error
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