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TRANSFER OF PROPERTY ACT
What does the Transfer of Property Act, 1882 primarily govern?
It governs the transfer of property between living persons (inter vivos) in India, laying down rules for sale, mortgage, lease, exchange, gift, and actionable claims.
Under which Act are transfers of immovable property inter vivos primarily regulated in India?
Transfer of Property Act, 1882 regulates such transfers.
Which types of property transfers are excluded from the scope of the Transfer of Property Act, 1882?
Transfers by operation of law (such as inheritance, insolvency, or court auction) are excluded; the Act applies only to voluntary transfers between living persons.
What minimum age must a person be to competently transfer property under the Transfer of Property Act?
The transferor must be eighteen years of age (major).
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