What are the essentials of a validTransfer of property ?

Answer :-
The following are the eight essentials of
a valid transfer of property :
1) The transfer must be between two or
more living persons . So the transferor
and transferee can not be exactly
identical .
2) The property transferred must be
transferable .
3) The transfer must not be according to
section 6 ---
i) opposed to the nature of the interest
affected thereby :
ii) for an unlawful object or
consideration :
iii) to a person legally disqualified to be
a transferee .
4) The transferor must be according to
section 7 --
i) competent to tranafer ,
ii) entitled to the transferable property
and
iii) authorised to dispose of transferable
property which is not his own .
5) Under section 9 , the transfer must be
made in the mode prescribed by the
Act . All necessary formalities like
attestation , registration etc. must be
complied with .
6) According to section 13 , If , on a
transfer , an interest is created in favour
of an unborn person , subject to a prior
interest created by the same transfer , it
must exhaust the whole of the
remaining interest of the transferor .
7) Under section 14 the transfer must
not offend the rule against perpetuity .
8) According to section 25 , when the
transfer is conditional , the condition
must be not be illegal . impossible ,
immoral or opposed to the public
policy .
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