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Under section 53A of the Transfer of Property Act, 1882, in a case of part performance, what is not…

Section 53A requires a signed written contract for consideration, possession taken or continued in part performance, an act in furtherance where applicable, and performance…

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Under section 53A of the Transfer of Property Act, 1882, in a case of part performance, what is not necessary on the transferee’s part?

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Correct answer C

Section 53A requires a signed written contract for consideration, possession taken or continued in part performance, an act in furtherance where applicable, and performance or willingness to perform the transferee’s obligations. Giving a notice to transfer is not a separate statutory prerequisite. For agreements executed after the 2001 amendment, registration is also required by Registration Act section 17(1A) to obtain section 53A protection.

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