Where a person transfers any immovable property, reserving power to revoke the transfer, and subsequently transfers the property for consideration to another transferee, such transfer operates in favor of such transferee (subject to any condition attached to the exercise of the power) as a revocation of the former transfer to the extent of the power.
Illustration
A lets a house to B, and reserves power to revoke the lease if, in the opinion of a specified surveyor, B should make a use of it detrimental to its value. Afterwards A, thinking that such a use has been made, lets the house to C. This operates as a revocation of B’s lease subject to the opinion of the surveyor as to B’s use of the house having been detrimental to its value.
Explanatory Video on Section – 42. Transfer by person having authority to revoke former transfer
Notes on Section – 42. Transfer by person having authority to revoke former transfer
Questions on Section – 42. Transfer by person having authority to revoke former transfer
Juris Crack provide free law notes , free video lecture , relevant mock questions , past MCQ question and legal news on The Transfer of Property Act 1882. One stop destination for llb students, judicial service examination preparation , civil judge preparation , law officer courses , apo preparation , clat ug and pg test preparation. We provide notes on all legal topics , past years questions and preparation strategy. Our Bilingual teaching materials help all law students to plan better for their examination. Juris Crack resource are mostly free to use and download, so that community of law students get quality materials. Become member of Juris Crack Law Community.
Section – 42. Transfer by person having authority to revoke former transfer -. Bare Act of The Transfer of Property Act 1882 on JurisCrack with Case Laws and Video lecture
No comment