Mera Samvidhaan All of Transfer of Property Act, 1882

Chapter II · Of Transfers of Property by Act of Parties

31Condition that transfer shall cease to have effect in case specified uncertain event happens or does not happen.

Section 31 · Chapter II · (A) Transfer of Property, whether moveable or immoveable · page 14 of the Act

Subject to the provisions of section 12, on a transfer of property an interest therein may be created with the condition superadded that it shall cease to exist in case a specified uncertain event shall happen, or in case a specified uncertain event shall not happen.

Illustrations

(a) A transfers a farm to B for his life, with a proviso that, in case B cuts down a certain wood, the transfer shall cease to have any effect. B cuts down the wood. He loses his life-interest in the farm.

(b) A transfers a farm to B, provided that, if B shall not go to England within three years after the date of the transfer, his interest in the farm shall cease. B does not go to England within the term prescribed. His interest in the farm ceases.

Other provisions that mention Section 31

Section 31 of The Transfer of Property Act, 1882 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.