Transfer of Property Act, 1882

Section 71

Effect of contract to transfer for consideration other property than intended to be transferred

⚡ Quick Answer Reference: Section 71 TPA

Provision: Section 71 of TPA
Act: Transfer of Property Act, 1882
Classification: property
Jurisdiction: India

Statutory Content

What does Section 71 of TPA say?

Where a contract is made with a person as a consideration for the transfer of property to him, and it is thereby agreed that some other property is to be transferred to him in lieu of such property, the contract, in the absence of any other agreement, shall be binding on the parties in respect of the property which is intended to be transferred, and not in respect of any other property.

Indian StandardSection 71, Transfer of Property Act, 1882

Bluebook (21st ed.)Transfer of Property Act, 1882, § 71 (India)

Court Pleading StandardSection 71 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 71 TPA

What is Section 71 of TPA?

Section 71 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Effect of contract to transfer for consideration other property than intended to be transferred". The section states: Where a contract is made with a person as a consideration for the transfer of property to him, and it is thereby agreed that some other property is to be transferred to him in lieu...

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