Question

Under the Transfer of Property Act, 1882, Section 5 provides that a "Transfer of Property" is:

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.