Section 5 (TPA 1882)– Meaning of Transfer of Property

Transfer of Property Act, 1882

Sec. 5 – Meaning of Transfer of Property

🔹 Short Note (Hindi)

Section 5 batata hai ki jab koi insaan apna haq ya interest kisi property me kisi dusre zinda vyakti ko deta hai, to usse property transfer mana jata hai. Isme bechna, dena, girvi rakhna, badlaav ya lease sab shamil hain.

🔹 Detailed Explanation (English + Hindi)

Section 5 of the Transfer of Property Act, 1882 defines what legally qualifies as a transfer.
A “living person” can transfer his present or future interest in a property to another living person.
The word “living person” includes:

• Individuals
• Companies
• Associations
• Trusts
• Legal bodies

Transfer can be done through sale, gift, lease, mortgage, or exchange.
Yeh section inheritance, will ya death ke baad hone wale transfer par apply nahi hota.

🔹Main Conditions

1. Transfer must be between living persons
2. Interest in property hona chahiye — present or future
3. Valid modes include sale, lease, gift, mortgage, exchange
4. Transfer voluntary aur legal hona chahiye
5. Oral ya written dono ho sakta hai, lekin immovable property ke liye written registration zaroori hai

🔹 Legal Meaning (Simple Terms)

Is section ka matlab hai ki ek zinda vyakti apne property rights kisi aur zinda vyakti ko de sakta hai. Yeh rights poore ya aadhe ho sakte hain. Property ke saath saath uska interest bhi transfer ho sakta hai.

Example:

• Koi apna ghar bech raha hai
• Koi apni zameen gift kar raha hai
• Koi property girvi rakh raha hai
• Koi 10 saal ke liye land lease par de raha hai

Yeh sab Section 5 ke andar aate hain.

🔹Example

Aman apni zameen Mohan ko bech deta hai. Dono zinda vyakti hain, isliye yeh valid transfer hai Section 5 ke tahat.
Par agar Aman ek will banata hai jisme woh kehta hai ki uske marne ke baad property Mohan ko milegi, to woh Section 5 ke andar nahi aata.

🔹 Key Legal Points

• Sirf living persons ke beech transfer valid hai
• Valid transfer ke liye interest hona zaroori hai
• Wills and inheritance Section 5 ke bahar hain
• Companies, trusts aur associations bhi “living person” ke category me aate hain
• Oral and written transfer dono valid, lekin proper registration zaroori hai
• Future interest bhi transfer ho sakta hai

🔹 Nyay Neeti Advice

Agar aap kisi property ka hissa bech rahe hain, gift kar rahe hain ya lease par de rahe hain, to legal document aur registration clear hona chahiye.
Fraud, pressure ya confusion ke bina voluntary transfer karein.
Aap chahe individual ho ya organisation, transfer ke samay clarity aur documentation sabse zaroori hai.

🔹Summary Table