Where several co-owners of immovable property transfer a share therein without specifying that the transfer is to take effect on any particular share or shares of the transferors, the transfer, as among such transferors, takes effect on such shares equally where the shares were equal, and, where they were unequal, proportionately to the extent of such shares.
Illustration
A, the owner of an eight-anna share, and B and C, each the owner of a four-anna share, in mauza Sultanpur, transfer a two-anna share in the mauza to D, without specifying from which of their several shares the transfer is made. To give effect to the transfer one-anna share is taken from the share of A, and half-an-anna share from each of the shares of B and C.
Explanatory Video on Section – 47. Transfer by co-owners of share in common property
Notes on Section – 47. Transfer by co-owners of share in common property
Questions on Section – 47. Transfer by co-owners of share in common property
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 – 47. Transfer by co-owners of share in common property -. Bare Act of The Transfer of Property Act 1882 on JurisCrack with Case Laws and Video lecture
No comment