Transfer of tangible immovable property of the value of Rs. 100/- can be made:
Under Section 54 of the Transfer of Property Act, tangible immovable property of the value of Rs. 100 and upwards can be transferred "Only by a registered instrument";…
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Transfer of tangible immovable property of the value of Rs. 100/- can be made:
Answer and explanation
Correct answer A
Under Section 54 of the Transfer of Property Act, tangible immovable property of the value of Rs. 100 and upwards can be transferred "Only by a registered instrument"; transfer "By delivery of property" suffices only for property below that value.
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