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Question
Given below is a statement of principle followed by a failual situation. Apply the principle to the file given below and select the most appropriate answer
Principle: Under the Transfer of Property Act, 1882 a property must be transferred, by one living person to another living person. The Act deals only with the transfer of property between living persons.
Facts: 'X' wants to transfer his property to the presiding deity in a temple situated within the estate of 'A'.
Options
Transfer of property by 'X' will be valid
Transfer of property by 'X' will be invalid
Transfer of property by 'X' to the presiding deity will become a valid transfer to 'A'
None of the above
Solution
Transfer of property by 'X' will be invalid
Explanation:
According to the provisions of Section 5 of the Transfer of Property Act, ‘transfer of property’ means an Act by which a living person conveys property, in present or in future, to one or more other living persons or to himself and one or more other living persons. In this Section, a living person includes a company or association or body of individuals, whether incorporated or not. So in the given situation, the transfer of property by X to the presiding deity is not valid.