Property under transfer

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Property under transfer:

Every person, who is competent to contact, is competent to transfer property, which can be transferred in whole or in part. He should be entitled to the transferable property, or authorized to dispose of transferable property which is not his own.

What is property under transfer of property Act?

"Transfer of property" defined. -In the following sections "transfer of property" means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, 1[or to himself] and one or more other living persons; and "to transfer property" is to perform such act.

What are the types of transfer of property? 

There are various modes of transferring ownership of property: permanently by 1) relinquishment 2) sale 3) gift; and temporarily by way of 4) mortgage 5) lease and, 6) leave and license agreement.


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