BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The general rule of the Transfer of Property Act is that any property can be transferred whether movable or immovable. Section 6 states that property of any kind can be transferred, except as otherwise provided by this act or by any other act for the time being in force.

Detailed explanation-2: -The Law of Transfer of property act includes regulations for the transfer of both movable and immovable property. The term ‘transfer’ in the act basically involves transfer through a mortgage, exchange, gift, sale, actionable claim or lease.

Detailed explanation-3: -“Transfer of property” defined.-In the following sections “transfer of property” means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself, 1[or to himself] and one or more other living persons; and “to transfer property” is to perform such act.

Detailed explanation-4: -Property of any kind may be transferred, except as otherwise provided by this Act or by any other law for the time being in force. An easement be transferred apart from the dominant heritage. A public office can be transferred, nor can the salary of a public officer, whether before or after it has become payable.