Transfer of Property Act, 1882–Sec. 53-A–Scope–Protection of a prospective purchaser/transferee of his possession of the property involved, is available subject to the following pre-requisites:-
(1) there is a contract is writing by the transferor for transfer for consideration of any immovable property signed by him or on his behalf, from which the terms necessary to constitute the transfer can be ascertained with reasonable certainty,
(2) the transferee has, in part performance of the contract taken possession of the property or any part there of, or the transferee being already in possesion, continues in possession in part performance of his contract,
(3) the transferee has done some act in furtherance of the contract and has performed or is willing to perform his part of contract.
