lex-o-pedia
Who is an Ostensible Owner under the Transfer of Property Act?
An ostensible owner appears as the true owner with the real owner's consent but lacks actual ownership. Under Section 41 of the Transfer of Property Act, a good-faith purchaser relying on such ownership may acquire valid title, overriding the real owner's rights.
lex-o-pedia
Who is an Ostensible Owner under the Transfer of Property Act?
An ostensible owner appears as the true owner with the real owner's consent but lacks actual ownership. Under Section 41 of the Transfer of Property Act, a good-faith purchaser relying on such ownership may acquire valid title, overriding the real owner's rights.
