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 write an article on INTRODUCTION TO PROPERTY LAW

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 write an article on INTRODUCTION TO PROPERTY LAW. It needs to be at least 1000 words. Kumar does not possess the right to claim any right to be given the first preference. In fact, the sale is a three stage process starting from contract, transfer of conveyance and finally registration of title (Lecture Note- formal acquisition of title). In Mr. Kumar’s case, even the contract was not done according to legally valid terms (Lecture note- must be in writing) and hence his claims hold no ground. At this juncture it is necessary to check the formal way to be adopted in developing a contract. At the pre-contract stage, or before signing a contract, the buyer and the seller can negotiate and agree on the sale leading to a ‘subject to contract’. However, as far as a contract is not signed and exchanged in the usual way, the contracts are not legally binding (Lecture notes). As Goo (69) illustrates, similar was the case of Spottiswoode, Ballantyne &amp. Co Ltd. V. Doreen Appliances Ltd. [1942] 2 KB 32 at 35. Keppel v. Wheeler [1927] 1 KB 577 at 584. In fact, according to 1975 Law Commission directive (Law Commission 65, January 1975, Para 4), before a formally signed contract, there is no legal validity for the ‘subject to contract’.