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Questions and Answers
What is the purpose of the Transfer of Property Act?
What is the purpose of the Transfer of Property Act?
To define and amend the law relating to the transfer of property.
Explain the doctrine of lis pendens and its significance in property transactions.
Explain the doctrine of lis pendens and its significance in property transactions.
The doctrine of lis pendens refers to the pending litigation doctrine, which means that any transfer of property during the pendency of a suit relating to that property is void.
What are the essential elements of a valid gift under the Transfer of Property Act?
What are the essential elements of a valid gift under the Transfer of Property Act?
The essential elements of a valid gift include the donor's intention to gift, acceptance by the donee, delivery of the gift, and the gift being made without any consideration.