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According to the Transfer of Property Act, 1882, where on a transfer of property, an interest therein…

Section 21 provides that where an interest is created in favour of a person to take effect only on the happening of a specified uncertain event, or if a specified uncertain…

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According to the Transfer of Property Act, 1882, where on a transfer of property, an interest therein is created in favour of a person to take effect only on the happening of a specified uncertain event, the transfer is called:

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Correct answer D

Section 21 provides that where an interest is created in favour of a person to take effect only on the happening of a specified uncertain event, or if a specified uncertain event does not happen, that person acquires a contingent interest, so the transfer is a "Contingent Transfer". Conditional transfer is a broader expression for transfers subject to conditions under sections 25 to 34, and an absolute transfer carries no such contingency.

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