Question

Contract for sale as  under section 54 of the Transfer of Property Act, 1882 provides for_______.

A Transfer of interest in immovable property Correct Answer Incorrect Answer
B Transfer of charge in immovable property. Correct Answer Incorrect Answer
C Transfer of interest in movable and immovable property Correct Answer Incorrect Answer
D Terms of settlement between parties for sale of immovable property. Correct Answer Incorrect Answer

Solution

Contract for sale — A contract for the sale of immoveable property is a contract that a sale of such property shall take place on terms settled between the parties. It does not, of itself, create any interest in or charge on such property.

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