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 […]
Tag: Transfer of Property Act
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 […]
20. Kinds of Mortgage
Meaning and Legal Concept A mortgage is a transfer of an interest in specific immovable property for the purpose of securing the payment of money […]
18. Rights of Unborn Person
Meaning and Legal Concept The rights of an unborn person refer to the legal recognition given to a child who is not yet born but […]