Transfer of Property Act, 1882

Section 99

Effect of contract to transfer for consideration property which is in the possession of a third person

⚡ Quick Answer Reference: Section 99 TPA

Provision: Section 99 of TPA
Act: Transfer of Property Act, 1882
Classification: property
Jurisdiction: India

Statutory Content

What does Section 99 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 in the possession of a third person, such contract is void, unless the property is actually delivered to the transferee, or the consideration for such transfer is actually paid, or there is some other good consideration for the contract.

Indian StandardSection 99, Transfer of Property Act, 1882

Bluebook (21st ed.)Transfer of Property Act, 1882, § 99 (India)

Court Pleading StandardSection 99 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 99 TPA

What is Section 99 of TPA?

Section 99 of the Transfer of Property Act, 1882 (TPA) defines and regulates "Effect of contract to transfer for consideration property which is in the possession of a third person". 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 in the possession of ...

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