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For the purposes of the Transfer of Property Act, 1882, the transfer of certain existing immovable…

This is the category of transfer defined as a gift by section 122 TPA, rather than a lease, security mortgage or pledge. The complete definition also requires acceptance by…

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For the purposes of the Transfer of Property Act, 1882, the transfer of certain existing immovable property voluntarily and without consideration is called:

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Correct answer D

This is the category of transfer defined as a gift by section 122 TPA, rather than a lease, security mortgage or pledge. The complete definition also requires acceptance by or on behalf of the donee during the donor’s lifetime and capacity to give. For an immovable-property gift under section 123, the prescribed registered instrument must be signed by or for the donor and attested by at least two witnesses, subject to applicable statutory savings.

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