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Under the Transfer of Property Act, 1882, what is the effect of a gift of future property?

A gift under Section 122 concerns existing property. When a gift includes existing and future property, Section 124 makes it void as to the future property.

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Under the Transfer of Property Act, 1882, what is the effect of a gift of future property?

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Correct answer C

A gift under Section 122 concerns existing property. When a gift includes existing and future property, Section 124 makes it void as to the future property.

Option feedback

Option A

The gift cannot take effect as to the future property.

Option B

The statute makes the gift void as to future property without requiring anyone to set it aside.

Option C

The gift is void as to the future property.

Option D

The consequence is substantive invalidity as to the future property.

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