The Transfer of Property Act, 1882
Where immoveable property is transferred for consideration, and such property or any part thereof is at the date of the transfer insured against loss or damage by fire, the transferee, in case of such loss or damage, may, in the absence of a contract to the contrary, require any money which the transferor actually receives under the policy, or so much thereof as may be necessary, to be applied in reinstating the property.
Source & version
Official text: India Code (official) ↗
Official India Code text: The Transfer of Property Act, 1882 (4 of 1882), English PDF (bitstream 123456789/2338/1/A1882-04.pdf, 565,764 bytes, sha256 5223fdf06a0aa3ed...) fetched directly from indiacode.nic.in (Akamai edge, DNS via dns.google) on 2026-08-01. Extracted via pdftotext 26.07 -bbox and the @nexlex/ingest inline parser. Automated parse; footnotes and amendment history excluded. Spot-verified against the PDF; full clause-level proofread pending.
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