The Transfer of Property Act applies to transfers -
Under Section 5 of the Transfer of Property Act, 1882, transfer of property means an act by which a living person conveys property to one or more other living persons, so…
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The Transfer of Property Act applies to transfers -
Answer and explanation
Correct answer B
Under Section 5 of the Transfer of Property Act, 1882, transfer of property means an act by which a living person conveys property to one or more other living persons, so the Act applies to transfers "Inter vivos". It does not govern transfers by operation of law such as inheritance, and a partition is not a transfer under the Act.
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