Section 118 of TPA : Section 118: ?Exchange? Defined
TPA
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Explanation using Example
Example of Section 118 - Transfer of Property Act:
Rita owns a wheat farm in the countryside, and Suresh owns an orchard in a nearby area. They agree that Rita's need for diversifying her agricultural produce would be best served by having an orchard, and Suresh wishes to expand into grain production. They decide to swap their properties.
They enter into an agreement where Rita will t...
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