3 Review(s)

The Transfer of Property Act, 1882 is a pivotal statute in India that governs the legal framework for the transfer of property between individuals. It defines the rules and processes for the sale, mortgage, lease, gift, and exchange of both movable and immovable property. The Act ensures that such transfers are conducted in a transparent manner while protecting the rights of both the transferor and transferee. It also outlines provisions for conditional transfers, the rights of parties involved, and the legal consequences of invalid or fraudulent transfers. This Act plays a crucial role in property transactions, ensuring legal clarity and fairness.