Transfer of Property Act, 1882 – Section wise Bare Act

The Transfer of Property Act, 1882

Chapter-I Preliminary

Section-1 Short Title
Section-2 Repeal of Acts. Saving of Certain Enactments, Incidents, Rights, Liabilities, etc
Section-3 Interpretation-Clause
Section-4 Enactments Relating to Contracts to be Taken as Part of Contract Act and Supplemental to the Registration Act

Chapter-II Of Transfers of Property by Act of Parties

Section-5 “Transfer of Property” Defined
Section-6 What may be Transferred
Section-7 Persons Competent to Transfer
Section-8 Operation of Transfer
Section-9 Oral Transfer
Section-10 Condition Restraining Alienation
Section-11 Restriction Repugnant to Interest Created
Section-12 Condition Making Interest Determinable on Insolvency or Attempted Alienation
Section-13 Transfer for Benefit of Unborn Person
Section-14 Rule Against Perpetuity
Section-15 Transfer to Class Some of Whom Come Under Sections 13 and 14
Section-16 Transfer to Take Effect on Failure of Prior Interest
Section-17 Direction for Accumulation
Section-18 Transfer in Perpetuity for Benefit of Public
Section-19 Vested Interest
Section-20 When Unborn Person Acquires Vested Interest On Transfer For His Benefit
Section-21 Contingent Interest
Section-22 Transfer to Members of a Class Who Attain a Particular Age
Section-23 Transfer Contingent on Happening of Specified Uncertain Event
Section-24 Transfer to Such of Certain Persons as Survive at Some Period not Specified
Section-25 Conditional Transfer
Section-26 Fulfilment of Condition Precedent
Section-27 Conditional Transfer to One Person Coupled With Transfer to Another on Failure of Prior Disposition
Section-28 Ulterior Transfer Conditional on Happening or Not Happening Specified Event
Section-29 Fulfillment of Condition Subsequent
Section-30 Prior Disposition Not Affected by Invalidity of Ulterior Disposition
Section-31 Condition That Transfer Shall Cease to Have Effect in Case Specified Uncertain Event Happens or Does Not Happen
Section-32 Such Condition Must be Invalid
Section-33 Transfer Conditional on Performance of Act, No Time Specified for Performance
Section-34 Transfer Conditional on Performance of Act, Time Being Specified
Section-35 Election When Necessary
Section-36 Apportionment of Periodical Payments Determination of Interest of Person Entitled
Section-37 Apportionment of Benefit of Obligation on Severance
Section-38 Transfer by Person Authorised Only Under Certain Circumstances to Transfer
Section-39 Transfer Where Third Person is Entitled to Maintenance
Section-40 Burden of Obligation Imposing Restriction on Use of Land
Section-41 Transfer by Ostensible Owner
Section-42 Transfer by Person Having Authority to Revoke Former Transfer
Section-43 Transfer by Unauthorised Person Who Subsequently Acquires Interest in Property Transferred
Section-44 Transfer by One Co-owner
Section-45 Joint Transfer for Consideration
Section-46 Transfer for Consideration by Persons Having Distinct Interests
Section-47 Transfer by Co-owners of Share in Common Property
Section-48 Priority of Rights Created by Transfer
Section-49 Transferee’s Right Under Policy
Section-50 Rent Bona fide Paid to Holder Under Defective Title
Section-51 Improvements made by bona fide holders under defective titles
Section-52 Transfer of property pending suit relating thereto
Section-53 Fraudulent transfer
Section-53A Part Performance

Chapter-III Of Sales of Immovable Property

Section-54 “Sale” Defined
Section-55 Rights and liabilities of buyer and seller
Section-56 Marshalling by subsequent purchaser
Section-57 Provision by Court for incumbrances, and sale freed therefrom

Chapter-IV Of Mortgages of Immovable Property and Charges

Section-58 “Mortgage”, “mortgagor”, “mortgagee”, “mortgage-money” and “mortgage-deed” defined
Section-59 Mortgage when to be by assurance
Section-59A References to mortgagors and mortgagees to include persons deriving title from them
Section-60 Right of mortgagor to redeem
Section-60A Obligation to transfer to third party instead of re-transference to mortgagor
Section-60B Right to inspection and production of documents
Section-61 Right to redeem separately or simultaneously
Section-62 Right of usufructuary mortgagor to recover possession
Section-63 Accession to mortgaged property
Section-63A Improvements to mortgaged property
Section-64 Renewal of mortgaged lease
Section-65 Implied contracts by mortgagor
Section-65A Mortgagor’s power to lease
Section-66 Waste by mortgagor in possession
Section-67 Right to foreclosure or sale
Section-67A Mortgagee when bound to bring one suit on several mortgages
Section-68 Right to sue for mortgage-money
Section-69 Power of sale when valid
Section-69A Appointment of receiver
Section-70 Accession to mortgaged property
Section-71 Renewal of mortgaged lease
Section-72 Rights of mortgagee in possession
Section-73: Right to proceeds of revenue sale or compensation on acquisition
Section-74 Right of subsequent mortgagee to pay off prior mortgagee
Section-75 Rights of mesne mortgagee against and subsequent mortgagees
Section-76 Liabilities of mortgagee in possession
Section-77 Receipts in lieu of interest
Section-78 Postponement of prior mortgagee
Section-79 Mortgage to secure uncertain amount when maximum is expressed
Section-80 Tacking abolished
Section-81 Marshalling securities
Section-82 Contribution to mortgage-debt
Section-83 Power to deposit in Court money due on mortgage
Section-84 Cessation of interest
Section-85 Parties to suits for foreclosure, sale and redemption
Section-86 Decree of foreclosure suit
Section-87 Procedure in case of payment of amount due
Section-88 Decree of sale
Section-89 Procedure when defendant pay amount due
Section-90 Recovery of balance due on mortgage
Section-91 Persons who may sue for redemption
Section-92 Subrogation
Section-93 Prohibition of tacking
Section-94 Rights of mesne mortgagee
Section-95 Right of redeeming co-mortgagor to expenses
Section-96 Mortgage by deposit of title-deeds
Section-97 Application of proceeds
Section-98 Rights and liabilities of parties to anomalous mortgages
Section-99 Attachment of mortgaged property
Section-100 Charges
Section-101 No merger in case of subsequent encumbrance
Section-102 Service or tender on or to agent
Section-103 Notice, etc., to or by person incompetent to contract
Section-104 Power to make rules

Chapter-V Of Leases of Immovable Property 

Section-105 Lease defined
Section-106 Duration of certain leases in absence of written contract or local usage
Section-107 Leases how made
Section-108 Rights and liabilities of lessor and lessee
Section-109 Rights of lessor’s transferee
Section-110 Exclusion of day on which term commences
Section-111 Determination of lease
Section-112 Waiver of forfeiture
Section-113 Waiver of notice to quit
Section-114 Relief against forfeiture for non-payment of rent
Section-114A Relief against forfeiture in certain other cases
Section-115 Effect of surrender and forfeiture on under-leases
Section-116 Effect of holding over
Section-117 Exemption of leases for agricultural purposes

Chapter-VI Of Exchanges 

Section-118 “Exchange” defined
Section-119 Right of party deprived of thing received in exchange
Section-120 Rights and liabilities of parties
Section-121 Exchange of money

Chapter-VII Of Gifts

Section-122 “Gift” defined
Section-123 Transfer how effected
Section-124 Gift of existing and future property
Section-125 Gift to several, of whom one does not accept
Section-126 When gift may be suspended or revoked
Section-127 Onerous gifts
Section-128 Universal donee
Section-129 Saving of donations mortis causa and Muhammadan law

Chapter-VIII Of Transfers of Actionable Claim

Section-130 Transfer of actionable claim
Section-130A Transfer of policy of marine insurance
Section-131 Notice to be in writing, signed
Section-132 Liability of transferee of actionable claim
Section-133 Warranty of solvency of debtor
Section-134 Mortgaged debt
Section-135 Assignment of rights under policy of insurance against fire
Section-135A Assignment of rights under policy of marine insurance
Section-136 Incapacity of officers connected with Courts of Justice
Section-137 Saving of negotiable instruments, etc

Access complete Bare Act here and Notification and Circular here.

IBC Laws specifically does not make any warranties or representations as to the accuracy, completeness or adequacy of any such Material or the same being up-to-date. IBC Laws periodically updates the Material on this Site whenever amendments are made by Parliament. Refer disclaimer here.