Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:
Which of the following statement (s) is/are correct about the Transfer of Property Act ?
Options:
This law was passed in 1892.
This law regulates the transfer of property between living persons only.
The term 'Property' or the term ‘Transfer of Property’ are defined in the Act.
All of the above.
Correct Answer:
This law regulates the transfer of property between living persons only.
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 ´TPA’ 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 term 'Property' or the term ‘Transfer of Property’ are not defined in the Act.