- Can a right to sue be transferred?
- What is Property in Transfer of Property Act?
- Who is competent to transfer the property?
- How a person can transfer property to himself?
- Who is ostensible owner?
- Who among the following Cannot transfer an immovable property?
- Does Transfer of Property Act apply to movable property?
- Can future property be transferred?
- Who can transfer an immovable property?
- Can a person transfer any property to himself?
- Which property Cannot be transferred?
- What is doctrine of part performance?
- What are the essential features of Transfer of Property Act?
- What is vested interest in transfer of property?
Can a right to sue be transferred?
A mere right to sue, as for instance, in respect of damages for breach of contract, or for tort, cannot be transferred.
The object of the prohibition is to prevent gambling in litigation.
Moreover, a right to sue is personal to the party aggrieved..
What is Property in Transfer of Property Act?
It contains specific provisions regarding what constitutes a transfer and the conditions attached to it. It came into force on 1 July 1882. According to the Act, ‘transfer of property’ means an act by which a person conveys the property to one or more persons, or himself and one or more other persons.
Who is competent to transfer the property?
Every person competent to contract and entitled to transferable property, or authorised to dispose of transferable property not his own, is competent to transfer such property either wholly or in part, and either absolutely or conditionally, in the circumstances, to the extent and in the manner, allowed and prescribed …
How a person can transfer property to himself?
The word “living person” includes corporations and other association of person. A transfer can be made by a person to himself, as for instance when a person vests property in trust and himself becomes the whole trustee.
Who is ostensible owner?
Definition: Ostensible owner is the person who is though not the real owner but has all incidents and/or characteristics as the real owner. The person on the face of it i.e apparently looks like the real owner but in fact he is not the real owner.
Who among the following Cannot transfer an immovable property?
Under section 122 of the Act, one can transfer immovable property through registered gift deed. The immoveable property is transferred voluntarily without any consideration. … The relinquishment deed cannot be executed for another person who is not a legal heir.
Does Transfer of Property Act apply to movable property?
Rules relating to transfer of property under the Act. 1. It is important to draw a line between immovable and movable property. Only an immovable property and in exceptional cases the movable property can be legally transferred under the provisions of this Act.
Can future property be transferred?
Every person, who is competent to contract, is competent to transfer property, which can be transferred in whole or in part. … The right may be either absolute or conditional, and the property may be movable or immovable, present or future.
Who can transfer an immovable property?
Under section 7 of TOPA, the individual must be competent. He/she must be of legal age and mentally stable. He/she must be the owner of the title of the immovable property or should be authorised to transfer the property. The person must not be legally disqualified as a transferee.
Can a person transfer any property to himself?
“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.
Which property Cannot be transferred?
Transfer of Property Act, 1882 An interest in property restricted in its enjoyment to the owner personally cannot be transferred by him. A right to future maintenance, in whatsoever manner arising, secured or determined, cannot be transferred. A mere right to sue cannot be transferred.
What is doctrine of part performance?
Doctrine of Part Performance is an equitable doctrine and it is incorporated to prevent fraud and from taking illegal advantage on account of non-registration of the document. This Doctrine is based on the maxim, Equity look at as it is done which ought to have been done.
What are the essential features of Transfer of Property Act?
The consideration or object of the transfer must be lawful. No transfer can be made for an unlawful object or consideration as provided in Section 23 of the Indian Contract Act, 1872. 6. The transfer must not be opposed to the nature of the interest effected thereby.
What is vested interest in transfer of property?
Vested interest is when an interest in a property is transferred in favour of a person without specifying the time or a specific condition. Such interest must vest in the person on happening of an event which is bound to happen.