Principle Property consists of right to posses right to use right to alienate and right to exclude o...........

Legal Reasoning Others

Principle: Property consists of right to posses, right to use, right to alienate and right to exclude others. Sale is complete when property gets transferred from the seller to the buyer.

Facts: ?A‘ sold his car to ?B‘ B requested A to keep the car in his care on behalf B for one month. A agreed.

Sale of car is complete.

Sale of car is not complete.

Sale will be completed when B keeps the car in his own care.

Sale will be automatically completed after the expiry of one month.

Explanation:

When A sold the car to B, it implies a transfer of the ownership of the car. Only once the property (car) was transferred to B did he have the Right to Possession to that car. Thereby while exercising that right he may also transfer the possession to another for a certain time period. Sale of car is complete.