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TRANSFER OF PROPERTY

In India, the transfer of property is bound by the Transfer of Property Act 1882, one of the oldest Acts in India. It deals primarily with the transfer of property in the forms of sale, lease, mortgage, exchange, and gifts.
According to section 7 of the Act:
‘Every person competent to contract and entitled to the transferable property, or authorized to dispose of transferable property not his own, is competent to transfer such property, either wholly or in part and either absolutely or conditionally, in the circumstances, to the extent and in the manner, allowed and prescribed by any law for the time being in force,’
This applies to all movable property and does not deal with the transfer of immovable property
Immovable property is the property that cannot be moved, property that is fixed in place or attached to the Earth, trees or plants attached to the Earth, large manufacturing plants, and buildings attached to the ground.

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