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Examveda

76. Under the provisions of section 41 of the Transfer of Property Act, 1882, these are some conditions:
(1) Transferer is the ostensible owner.
(2) He is so by the consent, express or implied, of the real owner.
(3) Transfer is for consideration.
(4) Transferee has acted in good faith, taking reasonable care to ascertain that the transferer had power to transfer.

A. Only (1) and (2) are required

B. Only (1), (2) and (3) are required

C. Only (3) and (4) are required

D. All are required

Answer: Option D


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