Transfer of
Property Act 1881
“Transfer inter
vivos”
It deals with
the ‘transfers by act of parties’ (it is also called as ‘transfer inter
vivos’)
The term ‘inter
vivos’ means ‘between living persons’
That means it does
not deal with ‘transfers by operation of law.’
Transfers by
operation of law refers to ‘transfers under statutory provisions.’
(i.e. if a
purchaser acquired a property in a court auction sale, such transfer of title
is called as ‘transfer by operation of law.’ i.e. it is not a transfer vivos
i.e. it is not a voluntary transfer between two living persons.)
TP Act helps the
law of intestate and testate succession also.
Originally this Act
was enforced to the whole of British India except the princely States.
Now it applies
to the whole of India except Jammu & Kashmir.
TP Act does not
deal with transfer by operation of law.
TP Act does not
apply to any transfer by, or in execution of a decree or order of a Court.
But the sale, by
an Official Receiver by selling the property of an insolvent, is a transfer ‘by
act of parties’ and hence the TP Act applies.
The Chapter II
of the TP Act, i.e. from Section 5 to 53-A, does not affect the rules of Mohammedan
Law.
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