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Under the central text of section 54 of the Transfer of Property Act, 1882, what is the minimum value…

The central text of section 54 makes the ₹100 threshold inclusive for tangible immovable property. Below that value, transfer may be by registered instrument or delivery.…

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Under the central text of section 54 of the Transfer of Property Act, 1882, what is the minimum value at which a sale of tangible immovable property requires a registered instrument?

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Answer and explanation

Correct answer B

The central text of section 54 makes the ₹100 threshold inclusive for tangible immovable property.

Below that value, transfer may be by registered instrument or delivery. The separate rule for a reversion or other intangible thing requires a registered instrument.

Option feedback

Option A

The central text permits transfer by delivery below ₹100.

Option B

A registered instrument is required at ₹100 and upwards.

Option C

Property worth ₹500 requires a registered instrument, but the requirement starts at ₹100.

Option D

Property worth ₹1,000 requires a registered instrument, but the requirement starts at ₹100.

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