Syllabus LC 0702 Property Law and Easement

  

LC 0702 Property Law and Easement :

 

Objectives of the Course : The subject covers the study of the Transfer of Property Act, 1882 and the Easement Act, 1882. The subject is fundamental law that covers principles applicable to transfers of all kinds of properties. A sound grasp of this subject is the foundation necessary for a better understanding of all special laws that affect property. The course will enable the student to appreciate the fundamental principles, features, rights and liabilities of parties and the consequences of specific transactions affecting immovable property. The topic of actionable claims is very relevant in the modern business environment and financing models. The course also covers law relating to easements and licenses.

 

Module 01	Concepts, Meaning and types of Properties (Sections 1 to 4 of the T.P. Act, 1882) :                                                              1.     Meaning of property  2.     Kinds of property - Movable and immovable, tangible and intangible, existing and future, real and personal 3.     Role of property rights in social and economic development  4. Doctrine of notice
Module 02	Transfer of Property by Act of Parties (Sections 5 to 9) : 1.     Meaning and Definition Transfer of Property, Properties which  may be transferred 2.     Essentials of a valid transfer of property 3.     Operation and method  of transfer property 4.     Procedural perspective for transfer of property 5.     Effect of non-payment of stamp duty and non-registration
Module 03	General Principles Relating to Transfer of Property  (Sections 10 to 37) : 1.     Conditions restraining alienation, enjoyment, defeating insolvency or assignability  2.     Transfers to unborn persons 3.     Rule against perpetuity and accumulation of income 4.     Vested and contingent interests 5.     Conditions precedent and subsequent, conditional transfers 6.     Doctrine of Election and Apportionment
Module 04	General Principles Relating to Transfer of Immovable Property (Sections 38 to 53A) : 1.     Doctrine of holding out  2.     Feeding the grant by estoppel 3.     Dotrine of priority  4.     Transfer lis pendens  5.     Fraudulent transfer  6.     Doctrine of part performance
Module 05	Sales and Exchanges (Sections 54 to 57 and 118 to 121) : 1. Meaning and definition of Sale and Exchange

 

	2.      Distinction between sale and Exchange 3.      Essentials of a valid sale, Parties to a sale, Formalities 4.      Distinction between Sale and contract for sale 5.      Registration of a contract for sale and effect of non-registration,  6.      Rights and liabilities of a buyer and seller 7.      Discharge for encumbrances on sale 8.      Exchange, Rights and liabilities of parties to exchange
Module 06	Mortgages (Sections 58 to 98) : 1.     Definition of mortgage - Types of mortgages, Mortgagor, Mortgagee, Mortgage money,  2.     Essentials of a valid mortgage and Formalities 3.     Distinction between charge, mortgage, pledge, hypothecation and other security interests over property 4.     Rights and liabilities of a mortgagor and mortgage 5.     Doctrine of substituted security 6.     Charge of immovable property 7.     Marshalling 8.     Mortgagee’s and charge-holder’s rights and remedies under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
Module 07	Leases (Sections 105 to 117) :   Video 2  1.     Definition of lease, Lessor, lessee, Kinds of leases, premium and rent 2.     Essentials of a valid lease and Formalities 3.     Rights and liabilities of the lessee and Lessor 4.     Term and determination of lease 5.     Forfeiture and relief against forfeiture 6.     Leases for agricultural purposes 7.     Distinction between lease under the Transfer of Property Act, 1982 and the Maharashtra Rent Control Act, 1999
Module 08	Gift and Transfers of Actionable Claims (Sections 122 to 129 and 3, 130 to 137) : 1.     Definitions of Gift, Donor and Donee 2.     Essentials of a valid gift, Revocation of gifts 3.     Distinction between property and donatio mortis causa and gifts under Mohammedan law 4.     Actionable claims :  a)     Definition,       Formalities,     and      their     importance      in             commercial transactions b)    Requirement of notice to debtor, and effect of notice c)     Rights and liabilities of transferor and transferee
Module 09	Law of Easements (Sections 1 to 51 of the Easement Act, 1882) : 1.     Definitions and Types of easements 2.     Formalities for creating an easement

3.     Creation and acquisition of Easements, Dominant and servient owners and Heritages, Grant, Custom, Necessity, Quasi-necessity, Prescription

4.     Rights, duties and liabilities of dominant and servant owners

5.     Remedies for disturbance of easements

6.     Extinction of easements, Suspension and revival of easements

    Module 10     Law of Licenses (Sections 52 to 64of the Easement Act, 1882) :

1.     Definition of License, Essentials of a license, kind and Formalities

2.     Transfer of license, Transfer of grantor’s interest 

3.     Death of licensor or licensee

4.     Rights and liabilities of licensee, Revocable and Irrevocable license 

5.     Rights of licensee on revocation and eviction

6.     Distinction between leases and licenses

7.     Distinction between licenses under Easement Act, 1882 with that of the Maharashtra Rent Control Act, 1999

 

Recommended Readings :

1.     V P Sarathi’s Law of Transfer of Property - Including Easements, Trusts and Wills, Malika Taly (ed), Eastern Book Company, 2017.

2.     Poonam Pradhan Saxena, Property Law, LexisNexis, 2017.

3.     Avatar Singh, Textbook on the Transfer of Property Act, Universal Law Publishing, 2016.

4.     Shriniwas Gupta, A Text Book on Transfer of Property Law, Thomson Reuters, 2016.

5.     A P Singh and Ashish Srivastava, Property Laws, LexisNexis, 2015.

6.     G P Tripathi, The Transfer of Property Act, 19th ed., Central Law Publications, 2016.

7.     AP Singh and Ashish Kumar Srivastava, Property Laws, LexisNexis, 2015.

8.     Sanjiva Row, Transfer of Property Act (in 2 volumes), Universal Law Publishing, 2016.

9.     Shriniwas Gupta, Law Relating to Transfer of Property, Thomson Reuters, 2016.

10.  Darashaw Vakil, Commentaries on the Transfer of Property Act, LexisNexis, 2017.

11.  Mulla, The Transfer of Property Act, 12th ed, M R Hariharan (ed), LexisNexis, 2014.

12.  H S Gour, Commentary on Transfer of Property Act, Delhi Law House, 2014.

13.  B B Katiyar, Law of Easements and Licences, Universal Law Publishing, 2010.