Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:

Which of the following statement is NOT correct in the context of Transfer of Property Act?

Options:

The object of the Transfer of Property Act is to regulate the transfer of property between living persons.

Transfer of Property Act shall also serve as the code of contract law governing immovable property.

The Transfer of Property Act, 1882 is a systematic and uniform law on the transfer of movable and immovable property in India.

None of the above

Correct Answer:

The Transfer of Property Act, 1882 is a systematic and uniform law on the transfer of movable and immovable property in India.

Explanation:

Matters relating to property are governed by the Transfer of Property Act, 1882 in India. The object of the Transfer of Property Act (called the ´TPAµ under the unit of Property Law) is to regulate the transfer of property between living persons. It shall also serve as the code of contract law governing immovable property. The Transfer of Property Act, 1882 is a systematic and uniform law on the transfer of immovable property in India.