New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Transfer by Ostensible Owner is discussed under which

    section of the Transfer of Property Act?
    A Section 14 Correct Answer Incorrect Answer
    B Section 15. Correct Answer Incorrect Answer
    C Section16 Correct Answer Incorrect Answer
    D Section 41. Correct Answer Incorrect Answer

    Solution

    Section 41. Transfer by ostensible owner— Where, with the consent, express or implied, of the persons interested in immoveable property, a person is the ostensible owner of such property and transfers the same for consideration, the transfer shall not be violable on the ground that the transferor was not authorised to make it: Provided that the transferee, after taking reasonable care to ascertain that the transferor had power to make the transfer, has acted in good faith.

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