Section 24 of Transfer of Property Act
Transfer to such of certain persons as survive at some period not specified.— Where, on a transfer of property, an interest therein is to accrue to such of certain persons as shall be surviving at…
Transfer to such of certain persons as survive at some period not specified.— Where, on a transfer of property, an interest therein is to accrue to such of certain persons as shall be surviving at…
Conditional transfer.— An interest created on a transfer of property and dependent upon a condition fails if the fulfilment of the condition is impossible, or is forbidden by law, or is of such a nature…
Fulfilment of condition precedent.— Where the terms of a transfer of property impose a condition to be fulfilled before a person can take an interest in the property, the condition shall be deemed to have…
Conditional transfer to one person coupled with transfer to another on failure of prior disposition.— Where, on a transfer of property, an interest therein is created in favour of one person, and by the same…
Ulterior transfer conditional on happening or not happening of specified event.— On a transfer of property an interest therein may be created to accrue to any person with the condition superadded that in case a…
Fulfilment of condition subsequent.— An ulterior disposition of the kind contemplated by the last preceding section cannot take effect unless the condition is strictly fulfilled. Illustration A transfers Rs. 500 to B, to be paid…
Prior disposition not affected by invalidity of ulterior disposition.— If the ulterior disposition is not valid, the prior disposition is not affected by it. Illustration A transfers a farm to B for her life, and,…
Condition that transfer shall cease to have effect in case specified uncertain event happens or does not happen.— Subject to the provisions of section 12, on a transfer of property an interest therein may be…
Such condition must not be invalid.— In order that a condition that an interest shall cease to exist may be valid, it is necessary that the event to which it relates be one which could…