Question

Under the Transfer of Property Act, 1882, Section 5

Q: Answer-Under the Transfer of Property Act, 1882, Section 5 provides that a 'Transfer of Property' is:

Section 5 of TPA, 1882, defines transfer of property as an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself and one or more other living persons. Property can be transferred by act of parties or by operation of law, but transfer by will is governed differently succession context.

provides that a "Transfer of Property" is:

A A testamentary disposition of property taking effect after the death of the owner

B An act by which a living person conveys property, in present or in future, to one or more other living persons

C The creation of a charge on a property by operation of law or court decree

D A joint ownership arrangement created through a family settlement deed

E A transaction involving only the mortgage of immovable property for a loan

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Under the Transfer of Property Act, 1882, Section 5

Solution