Transfer of Property Act, 1882
Section - 55 - Rights and liabilities of buyer and seller
Rights and liabilities of buyer and seller
55. In the absence of a contract to the contrary, the buyer and the seller of immovable property respectively are subject to the liabilities, and have the rights, mentioned in the rules next following or such of them as are applicable to the property sold :
(1) The seller is bound-
| (a) | - | to disclose to the buyer any material defect in the property or in the seller's title thereto of which the seller is, and the buyer is not, aware, and which the buyer could not with ordinary care discover; |
| (b) | - | to produce to the buyer on his request for examination all documents of title relating to the property which are in the seller's possession or power; |
| (c) | - | to answer to the best of his information all relevant questions put to him by the buyer in respect to the property or the title thereto; |
| (d) | - | on .... To read the full section download the app from Google Play store
24 October 2026
CA Industrial TraineeFytomax Nutrition Private Limited Aurangabad CA Inter View Details
CCI
Pro
|
CAclubindia
