INTRODUCTION A mortgage is a security given by a person to ensure or facilitate the fulfilment of some obligation undertaken by him. Usually, this obligation is the repayment of a debt Section 58 of the Transfer of Property Act deals with the mortgage and its kinds.   MEANING OF MORTGAGE A mortgage is an interest … Read more

INTRODUCTION Section 52 of the Transfer of Property Act enacts the doctrine of “Lis-Pendens Bu simply, it means any right to immovable property, which is the subject matter of a legal proceeding, cannot be transferred or dealt with so as to defeat the rights of any party to the suit (except under the order of … Read more

INTRODUCTION Sale is transferring property or ownership by a seller to the buyer in exchange for a price paid or promised to be partly paid or part promised. There is the absolute transfer of all rights in the property sold. The seller must be competent to transfer the property.   RELEVANT PROVISIONS Section 54, 55 … Read more

INTRODUCTION A lease is a transfer of a right to enjoy the property of a lessor made for a certain time under which the lessee is put in possession of the property. The rights of ownership or title are not passed on to the transferee. There is only a transfer of the right of enjoyment … Read more

INTRODUCTION The gift is the transfer of certain existing moveable or immovable property made voluntarily and without consideration by one person called the donor to another called the donee, and accepted by or on behalf of the donee. A gift can also be revoked.   RELEVANT PROVISIONS Section 122 to 128 of the Transfer of … Read more