Multiple choice

Which of the following statements is not correct, in context of Transfer of Property Act?

  1. It is the act by which a living person conveys property.

  2. He conveys property in present or in future.

  3. He conveys property to one or more other living persons.

  4. He cannot transfer property to himself and one or more other living persons.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Options (1), (2) and (3) are incorrect: As per Section 5 of "transfer of property" means 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; and "to transfer property" is to perform such act. Hence Option (4) is correct: Transfer of property can be made to himself and one or more other living person.

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