A sale under the Transfer of Property Act involves the transfer of ownership in ___ property.

Immovable

True or False: The seller retains rights over the property after the sale is completed.

False. The seller does not retain any rights over the property after the sale.

The price in a sale must be paid in ___ according to the Transfer of Property Act.

Money

Fill in the blank: The transferor in a sale is also known as the ___ .

Seller

What is the essential condition regarding the buyer in a sale?

The buyer must not be disqualified from being a transferee and must be of sound mind and legal age.

True or False: Intangible property can include rights such as fishing or ferry rights in a sale.

True. Intangible property can include various rights, including fishing or ferry rights.

Fill in the blank: The subject matter of a sale can be either ___ or intangible property.

Tangible

What is meant by the term 'conveyance' in the context of a sale?

Conveyance refers to the transfer of all rights in the property from the seller to the buyer.

True or False: A transfer of property to a minor is invalid under the Transfer of Property Act.

False. A transfer to a minor is valid, although there are certain restrictions.

The parties involved in a sale include the ___ and the ___.

Seller, buyer

The consideration in a sale is commonly referred to as ___ and it generally refers to ___ only.

Price; money

True or False: Payment of the price is always necessary for the completion of the sale.

False; payment is not always necessary for the completion of the sale.

If a buyer fails to pay the remaining amount due, this does not invalidate the sale because the seller may seek ___ and has a charge over the ___ sold.

Remedy through a suit for specific performance; property

Conveyance refers to the ___ of all rights in the property from the seller to the buyer.

Transfer

For properties valued above 100, transfer is done through a ___ instrument.

Registered

True or False: If a sale deed is not registered, it can still pass legal title to the buyer.

False; if the sale deed is not registered, it cannot pass legal title to the buyer.

Fill in the blank: Registration under Section 17 of the Indian Registration Act, 1908, is ___ for a valid sale.

Mandatory

What is the validity of a sale if the sale consideration is not paid but the instrument of sale is registered?

The sale is still valid.

What must a seller disclose to the buyer before the completion of the sale?

The seller must disclose any material defects in the property or in the seller's title to the property.

True or False: The seller is required to produce the title deeds for the buyer's inspection before the sale is finalized.

True.

The seller acts as a ___ of the property for the buyer between the time of the contract and the delivery of the property.

Trustee.

What is the seller's responsibility regarding public charges and rent related to the property before delivering it to the buyer?

The seller must ensure that all public charges and rent are paid before delivering the property.

What instrument must the seller execute to transfer the property to the buyer?

The seller must execute a conveyance instrument known as a sale deed.