Question
Transfer of property takes place _______?Â
Solution
The Transfer of Property Act is applicable primarily on transfer of immovable property from one living being (inter vivos) to another. Also, the Act is applicable on property transfer by individuals, as well as by companies. However, the Transfer of Property Act is applicable to acts of parties and not on transfers applicable by the law.
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Fill in the third blank with the cut-off land holding to be eligible for the Scheme.
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