Question
Legal Studies Question on Property Law
Under Section 35 of the Transfer of Property Act, 1882, the transferor or his representative may require the transferee to make his election if the transferee does not signify the same:
A
Within two years
B
Within one year
C
Within a reasonable time
D
None of the above
Answer
Within one year
Explanation
Solution
Section 35 of the Transfer of Property Act, 1882, deals with the election of the transferee in cases of transfer of property with a condition. If the transferee does not signify his decision or election, the transferor or their representative may require the transferee to make his election within one year
Thus, the correct answer is c) Within a reasonable time.