Here we have discussed why should we choose law as a career
INTRODUCTION In the First part of LEASE OF IMMOVABLE PROPERTY, we discussed sections 105 to 110 of the Transfer of Property Act, 1882. SECTION – 111 Determination of lease A lease of immovable property determines- (a) by efflux of the time limited thereby, (b) where such time is limited conditionally on the happening of some […]
INTRODUCTION Section 105, Chapter V of the Transfer of Property Act, 1882 provides for the definition of the term ‘lease’ as a transfer of a right to enjoy an immovable property for a certain time or in perpetuity against consideration of a price paid or promised to the transferor by the transferee, who accepts the
INTRODUCTION Charge, Section 100 of the Transfer of Property Act, 1882 – Where immovable property of one person is by an act of parties or operation of law made security for the payment of money to another, and the transaction does not amount to a mortgage, the latter person is said to have a charge
INTRODUCTION Marshaling means arranging things, systematizing, or regulating things. Contribution means providing money for a common fund. Marshalling means arranging things, systematize, or regulate things which mean the things arranged in a proper manner or order. In the Transfer of Property Act, section 56, 81 and 82 deals with the doctrine of marshalling and contribution.
INTRODUCTION This article talks about the RIGHTS AND LIABILITIES OF MORTGAGEES Rights of a Mortgagee Right to foreclosure or sale (S.67) Mortgagee when bound to bring one suit on several mortgages (S.67A) Right to sue for mortgage money (S.68) Power of sale when valid (S.69) Appointment of the receiver (S.69A) Accession to mortgaged property (S.70)
INTRODUCTION A mortgage is the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of a loan, an existing or future debt, or the performance of an engagement that may give rise to financial liability. This article talks about the
Transfer of Property Act 1882, Chapter 4 Mortgages Of Immovable Property And Charges Transfer of Property Act, 1882 Chapter – 4, covered the Mortgages Of Immovable Property And Charges in sections 58 to 59 A. SECTION – 58 “Mortgage”, “mortgagor”, “mortgagee”, “mortgage-money” and “mortgaged” defined. (a) A mortgage is the transfer of an interest in
Transfer of Property Act 1882, Chapter 3 Sales Of Immovable Property Transfer of Property Act, 1882 Chapter – 3, covered the Sale of immovable property in sections 54 to 57. SECTION – 54 “Sale” defined “Sale” is a transfer of ownership in exchange for a price paid or promised or part-paid and part-promised. Sale how
Introduction Acceptance of the benefit by the person on whom it is conferred constitutes an election by him to confirm the transfer, if he is aware of his duty to elect and of those circumstances which would influence the judgment of a reasonable man in making an election, or if he waives inquiry into the
WHAT IS ELECTION UNDER THE TRANSFER OF PROPERTY ACT-1882 Read More »
Here we are going to cover the Transfer of Property Act 1882, Part-III of Chapter 2 Transfers of Property by Act of Parties Sections Particular 23 Transfer contingent on happening of a specified uncertain event 24 Transfer to such of certain persons as survive at some period not specified 25 Conditional transfer 26 Fulfillment of
TRANSFER OF PROPERTY ACT 1882, PART-III OF CHAPTER-2 Read More »
