Transfer of Property Act Section 28 — Ulterior transfer conditional on happening or not happening of specified event

Summary

A property transfer can include a condition where a person receives an interest in the property, but if a specific uncertain event happens—or does not happen—that interest then goes to someone else. These conditional arrangements must follow the rules set out in several other sections of the Act, which are listed here.

Official Text

On a transfer of property an interest therein may be created to accrue to any person with the condition superadded that in case a specified uncertain event shall happen such interest shall pass to another person, or that in case a specified uncertain event shall not happen such interest shall pass to another person. In each case the dispositions are subject to the rules contained in sections 10, 12, 21, 22, 23, 24, 25 and 27.

Sections referred to

• Transfer of Property Act §10 — Condition restraining alienation
• Transfer of Property Act §12 — Condition making interest determinable on insolvency or attempted alienation
• Transfer of Property Act §21 — Contingent interest
• Transfer of Property Act §22 — Transfer to members of a class who attain a particular age
• Transfer of Property Act §23 — Transfer contingent on happening of specified uncertain event
• Transfer of Property Act §24 — Transfer to such of certain persons as survive at some period not specified
• Transfer of Property Act §25 — Conditional transfer
• Transfer of Property Act §27 — Conditional transfer to one person coupled with transfer to another on failure of prior disposition