Meaning and Concept An anomalous mortgage is a type of mortgage that does not fit into the conventional categories of mortgage under the Transfer of […]
Tag: Law of Property
31. Condition Precedent
Meaning and Concept A Condition Precedent is a condition or event that must occur before a right or interest in property can vest in a […]
30. Universal Donee
Meaning and Concept A Universal Donee is a person who receives the entire property of the donor or assumes all the donor’s debts and obligations […]
29. Ostensible Owner
Meaning and Concept An ostensible owner is a person who appears to be the owner of property and is held out by the true owner […]
28. Fraudulent Transfer
Meaning and Concept A fraudulent transfer refers to a transfer of property made with the intention to defeat or delay the rights of creditors or […]
27. Actionable claims
Meaning and Legal Concept An actionable claim refers to a claim to an unsecured debt or a beneficial interest in movable property which is not […]
26. Doctrine of election
Meaning and Concept The Doctrine of Election is a principle of equity incorporated under the Transfer of Property Act, 1882, which mandates that a person […]
25. Gift
Meaning and Legal Concept A gift is a voluntary transfer of certain existing movable or immovable property made without consideration by one person, called the […]
24. Lis pendence
Meaning and Legal Concept The doctrine of Lis Pendens refers to the legal principle that when a suit relating to immovable property is pending before […]
23. Contingent interest
Meaning and Legal Concept A contingent interest is an interest in property that depends upon the happening or non-happening of an uncertain future event. Unlike […]