What does section 130(1) of the Transfer of Property Act, 1882 require to transfer an actionable claim…
Section 130(1) requires execution of a written instrument signed by the transferor or a duly authorised agent. Notice is unnecessary to complete the transfer, although the…
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What does section 130(1) of the Transfer of Property Act, 1882 require to transfer an actionable claim governed by that provision?
Answer and explanation
Correct answer B
Section 130(1) requires execution of a written instrument signed by the transferor or a duly authorised agent. Notice is unnecessary to complete the transfer, although the proviso can protect certain dealings before express notice.
Option feedback
Option A
Registration alone does not supply the required signature.
Option B
Execution of a written instrument with the requisite signature effects the transfer.
Option C
Witnesses’ signatures do not supply the required signature of the transferor or agent.
Option D
Oral notice cannot replace execution of a compliant instrument.
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