Transfer of Property Act, 1882

Section 125

Contract of sale when completed

⚡ Quick Answer Reference: Section 125 TPA

Provision: Section 125 of TPA
Act: Transfer of Property Act, 1882
Classification: property
Jurisdiction: India

Statutory Content

What does Section 125 of TPA say?

A contract of sale is completed when the property is transferred to the buyer and the price is paid. The transfer of property can be made by delivery of possession, or by a document of title, such as a deed of conveyance. The payment of price can be made in cash or by a bill of exchange. The contract of sale is completed when the property is transferred and the price is paid, and the parties are bound by the terms of the contract.

Indian StandardSection 125, Transfer of Property Act, 1882

Bluebook (21st ed.)Transfer of Property Act, 1882, § 125 (India)

Court Pleading StandardSection 125 of the Transfer of Property Act, 1882

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 125 TPA

What is Section 125 of TPA?

Section 125 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Contract of sale when completed". The section states: A contract of sale is completed when the property is transferred to the buyer and the price is paid. The transfer of property can be made by delivery of possession, or by a documen...

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