Transfer of Property Act, 1882

Section 97

Effect of contract to transfer for consideration property described as a share

⚡ Quick Answer Reference: Section 97 TPA

Provision: Section 97 of TPA
Act: Transfer of Property Act, 1882
Classification: property
Jurisdiction: India

Statutory Content

What does Section 97 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 the property to be transferred is a share in any property, such contract is void, unless the share is actually ascertained, or the consideration for such transfer is actually paid, or there is some other good consideration for the contract.

Indian StandardSection 97, Transfer of Property Act, 1882

Bluebook (21st ed.)Transfer of Property Act, 1882, § 97 (India)

Court Pleading StandardSection 97 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 97 TPA

What is Section 97 of TPA?

Section 97 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Effect of contract to transfer for consideration property described as a share". 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 the property to be transferred is a share in any proper...

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