46. Transfer for consideration by persons having distinct interests.

{
    "act_title": "The Transfer Of Property Act, 1882",
    "act_slug": "transfer-of-property-act-1882",
    "section_label": "Section",
    "section": {
        "number": "46",
        "title": "46. Transfer for consideration by persons having distinct interests.",
        "chapter": null,
        "content": "illustrations\n(a) A , owing a moiety, and B and C , each a quarter share, of mauza Sultanpur, exchange an eighth share of that mauza for a quarter share of mauza.\nThere being no agreement to the contrary, A is entitled to an eighth share in Lalpura, and B and C each to a sixteenth share in the mauza.\n(b) A , being entitled to a life-interest in mauza Atrali and B and C to the reversion, sell the mauza for Rs. 1,000. A s life-interest is ascertained to be worth Rs. 600, the reversion Rs. 400. A is entitled to receive Rs. 600 out of the purchase-money. B and C to receive Rs. 400.",
        "footnote": "",
        "is_definition": false,
        "sort_order": 44
    },
    "prev_section": "45",
    "next_section": "47"
}