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Section 47 - Transfer by co-owners of share in common property : Transfer of Property Act, 1882

What is Transfer by co-owners of share in common property? Section 47 of Transfer of Property Act, 1882

 

Section 47 of Transfer of Property Act 1882 : "Transfer by co-owners of share in common property"

47. 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.

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