law: Transfer of Property Act, 1882
  7. Persons competent to transfer
  Every person competent to contract and entitled to transferable
  
  property, or authorized to dispose of transferable property not his own, is
  
  competent to transfer such property either wholly or in part, and either absolutely
  
  or conditionally, in the circumstances, to the extent and in the manner,
  
  allowed and prescribed by any law for the time being in force.