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Transfer of Property: Condition Restraining Alienation (S. 10)
Transfer of Property: Condition Restraining Alienation (S. 10)
13
Transfer of Property
Condition restraining(Property)
alienation (s. 10)
• General principle
• Conditional transfer
– Conditions precedent
– Conditions subsequent
• Repugnant conditions
– Absolute restraint
• Underlying principle
• Restraints on transfer for a particular time
• Restraints directing control over consideration/money
• Restraints with respect to persons/transferee
• Restraints with respect to sale for particular purpose/use of property
– Partial restraint
• Exceptions
Slide-1 24/01/2018
Lecture-
13
Transfer of Property
(Property)
Restriction repugnant to interest created (s. 11)
– General principle
– Absolute interest
– Essentials
– Covenants
• Positive or negative
– Distinction between sections 10 and 11
– Exceptions
Slide-2 24/01/2018
Lecture-
13
Transfer of Property
(Property)
Slide-3 24/01/2018