Practicing Success

Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:
Who among the following can transfer a property under Transfer of Property Act?
Options:
a broker
any person authorized to sell the property
both 1 and 2
none of the above
Correct Answer:
any person authorized to sell the property
Explanation:
Any person who is competent to contract (person above 18 years of age, having sound mind and not disqualified by any law in force) and authorized to dispose off property viz., owner of the property or any person authorized to sell the property, can make a transfer. The person who Transfers the property is called the Transferor and the person to whom the transfer is made is called the Transferee.