Objective At the end of the session, the trainees will
be able to: • State what are conditional transfer, contingent interest, vested interest, ostensible owner • Explain what are different nature and feature of these transfer and concepts
Legal Provisions to be Covered Transfer of Property Act 1882 – Section
22,23,24,25,29,31,32,33,38,40 and 41.
Teaching Method Adopted Formal Power Point Presentation(ppt)
with some interaction at the end of each session.
Requirement A Laptop or Mobile device installed
with ZOOM application.
Session 1 Section 22- Transfer to members of a
class who attain a particular age.
Section 23 - Transfer contingent on
happening of specified uncertain event
Section 24 - Transfer to such of certain
persons as survive at some period not specified Section 25 - Conditional transfer.
Discussion: Types of transfer, Kinds of
Interest, vested vs contingent interest, how it differs with the conditional transfer and what are the types of conditional transfer, what law says about conditional precedent and overview.
Session 2 Section 29 - Fulfilment of condition
subsequent
Section 31 - Condition that transfer shall
cease to have effect in case specified uncertain event happens or does not happen
Section 32 - Such condition must not be
invalid
Section 33 - Transfer conditional on
performance of act, no time being specified for performance
Discussion: what law says about
condition subsequent and its fulfilment, with added condition and its validity.