Lawzonline.com

 
 

 


   
   

 

 

43. Transfer by unauthorised person who subsequently acquires interest in property transferred.- Where a person fraudulently or erroneously represents that he is authorised to transfer certain immovable property and professes to transfer such property for consideration, such transfer shall, at the option of the transferee, operate on any interest which the transferor may acquire in such property at any time during which the contract of transfer subsists.Nothing in this section shall impair the right of transferees in good faith for consideration without notice of the existence of the said option.

Illustration

A, a Hindu who has separated from his father B, sells to C three fields, X, Y and Z, representing that A is authorised to transfer the same. Of these fields Z does not belong to A, it having been retained by B on the partition; but on B's dying A as heir obtains Z. C, not having rescinded the contract of sale, may require A to deliver Z to him.

   
   
   
   
 

 

 

Central Bare Acts

  State Bare Acts
   
 

 

 

 

 

   
   
 
   
 
 

Home | Legal Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer |  Contact Us | Useful Links

Partner Site: E-Magazine | Articles | Fun zone | Lawyers jokes | Short stories

 
   
   
   
 

 

 

Copy right : Indu Info (All rights reserved)