Under the Transfer of Property Act, which one of the following statements is incorrect regarding…
Section 123 of the Transfer of Property Act requires a gift of immovable property to be made by a registered instrument signed by or on behalf of the donor and attested by…
Choose your answer
Under the Transfer of Property Act, which one of the following statements is incorrect regarding transfer of immovable property by gift?
Answer and explanation
Correct answer B
Section 123 of the Transfer of Property Act requires a gift of immovable property to be made by a registered instrument signed by or on behalf of the donor and attested by at least two witnesses. The statement "Instrument must be signed by donor only" is therefore incorrect, because the instrument may be signed on the donor's behalf; the other three statements reflect section 123.
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