TPA Chapter 6: Exchanges

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Plain-language guide

What this part covers

Exchange turns on mutual transfers of ownership, not simply the absence of a cash payment.

Key provisions

  1. Section 118. "Exchange" defined
  2. Section 119. Right of party deprived of thing received in exchange
  3. Section 120. Rights and liabilities of parties
  4. Section 121. Exchange of money

Study check

Chapter 6: study check

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

  1. 1.Does calling a property transfer an exchange bypass sale-mode formalities?
  2. 2.How does section 120 generally describe each party?

Official reference: Government of India reference, hosted by Andhra Pradesh High Court — checked: 30 September 2026.Central reference text reproduced from the linked government PDF, with footnotes and separately labelled state amendments left in the original. It includes the 2001/2003 changes and the 2019 territorial-extension note. The checking date is not a certification that every state rule is current. Consult the original schedule, territorial notifications and applicable state law separately.Read the original schedule and amendment notes