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Section 41 - Transfer by ostensible owner : Transfer of Property Act, 1882

What is Transfer by ostensible owner? Section 41 of Transfer of Property Act, 1882

 

 

Section 41 of Transfer of Property Act 1882 : "Transfer by ostensible owner"

41. Where, with the consent, express or implied, of the persons interested in immovable property, a person is the ostensible owner of such property and transfers the same for consideration, the transfer shall not be voidable on the ground that the transferor was not authorised to make it:

Provided that the transferee, after taking reasonable care to ascertain that the transferor had power to make the transfer, has acted in good faith.

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