TPA deals with - Moveable property, Immoveable propertya)2 onlyb)1 onl...
Explanation:
The Transfer of Property Act (TPA) deals with the transfer of property in India. It governs the transfer of both movable and immovable property.
1. Movable Property:
Movable property refers to any property that can be moved or transferred from one place to another. It includes assets such as cash, stocks, vehicles, furniture, jewelry, etc. The TPA provides rules and regulations for the transfer of movable property. It specifies the various modes of transfer, such as sale, gift, exchange, lease, etc., and outlines the rights and responsibilities of the parties involved in the transfer.
2. Immovable Property:
Immovable property, on the other hand, refers to property that cannot be moved or transferred easily. It includes land, buildings, houses, and other structures permanently attached to the land. The TPA also governs the transfer of immovable property. It lays down the procedures for the transfer of ownership, registration of property, rights and liabilities of the parties, and other related matters.
Conclusion:
In conclusion, the Transfer of Property Act (TPA) deals with both movable and immovable property. It provides the legal framework for the transfer of property in India, including the rules and regulations for the transfer of movable and immovable assets. Therefore, the correct answer is option 'A' - TPA deals with moveable property and immoveable property.
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