Under section 124 of the Transfer of Property Act, 1882, what is the effect of including future…
Section 124 of the Transfer of Property Act, 1882 makes a gift comprising both existing and future property void as to the future property. The existing-property part can…
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Under section 124 of the Transfer of Property Act, 1882, what is the effect of including future property together with existing property in an otherwise valid gift?
Answer and explanation
Correct answer C
Section 124 of the Transfer of Property Act, 1882 makes a gift comprising both existing and future property void as to the future property.
The existing-property part can take effect if the gift otherwise satisfies the applicable requirements.
Option feedback
Option A
Section 124 limits the invalidity to the future property.
Option B
Section 124 declares partial invalidity. It does not make the whole gift voidable.
Option C
Section 124 makes the gift void as to the future property.
Option D
The future property cannot pass by the gift under section 124.
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