TPA Chapter 3: Sales of immovable property

Study check

Chapter 3: study check

Choose an answer, then check it. Scoring stays in your browser and every explanation links to the statutory text.

1. 1.What does a contract for sale create by itself under section 54?

   An ownership interest immediatelyNeither an interest nor a charge in the property
   Check answer

   Not quite

   Section 54 expressly distinguishes the contract from the sale and says it does not of itself create an interest or charge.

   Read section 54 →
2. 2.Must the entire price already have been paid for the definition of sale?

   No; it may be paid or promised, or partly eachYes, only cash already paid qualifies
   Check answer

   Not quite

   The definition includes paid, promised and partly paid/partly promised price. Required formalities remain a separate question.

   Read section 54 →