Section 5 - Transfer of property defined : Transfer of Property Act,
What is Transfer of property defined? Section 5 of Transfer of
Property Act, 1882
Section 5 of Transfer of Property Act 1882 : "Transfer of
5. 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, or it
himself and one or more other living persons; and
"to transfer property" is to perform such act.
In this section "living person" includes a company or
association or body of individuals, whether incorporated or not,
but nothing herein contained shall affect any law for the time
being in force relating to transfer of property to or by
companies, associations or bodies of individuals.