Where section 123 of the Transfer of Property Act, 1882 governs the form of the gift, how must a gift…
Section 123 requires a registered instrument signed by or on behalf of the donor and attested by at least two witnesses for a gift of immovable property governed by that…
Choose your answer
Where section 123 of the Transfer of Property Act, 1882 governs the form of the gift, how must a gift of immovable property be made?
Answer and explanation
Correct answer C
Section 123 requires a registered instrument signed by or on behalf of the donor and attested by at least two witnesses for a gift of immovable property governed by that section.
Option feedback
Option A
Delivery and acknowledgment do not meet the requirement for a registered instrument signed by or for the donor.
Option B
Section 123 requires registration for an immovable-property gift regardless of value.
Option C
The donor’s signature or a signature on the donor’s behalf and at least two attestations accompany registration.
Option D
Signature and attestation do not dispense with registration under section 123.
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