Question

Difference between negotiability and transferability

Answer 1

The negotiability instrument s are simply transferable from person to person and the owner ship of the property in the instrument may be passed on mere delivery , endorsement delivery

Transferability is an essential feature of a negotiability instruments but all transferable instrument s are not negotiable instruments

Answer 2

Transferability and Negotiability

Explanation:

Transferability is the right to change the title from one person to another with or without a consideration. Transferability can only be done by the lawful title holder and it is a complete process.

Negotiability is the right to take the consideration value of the property up or down. The Negotiator does not affect the title of the property and it is not a complete process.