Economy, asked by sanjibgiri5118, 1 year ago

A mode of transfer of property including mortage,lease etc,but excluding will is called

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Answered by aagnavaagna
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The Transfer of Property Act by D. F. Mulla.

Property means all proprietary rights, which can be weighted and measured in monetary value, excluding personal rights, are property. Here property means immovable property, which is attached to earth and cannot be removed in its ordinary meaning. Property itself means anything, which can be measured in monetary terms. It may be either movable or immovable and tangible. It must include ownership. Property can be acquired and sold. Any property having worth upto Rs. 1,000/- must be written on document and got registered.

Immovable property includes land, buildings, benefits to arise out of land, things attached to the earth or permanently fastened to anything attached to the earth, hereditary allowances, rights to ways, lights, ferries, and fisheries.

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