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Which kinds of property are addressed by provisions of the Transfer of Property Act, 1882?

The Act is not confined to immovable property. Section 54 deals with sales of immovable property, and section 123 provides distinct modes for gifts of movable and immovable…

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Which kinds of property are addressed by provisions of the Transfer of Property Act, 1882?

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Answer and explanation

Correct answer D

The Act is not confined to immovable property. Section 54 deals with sales of immovable property, and section 123 provides distinct modes for gifts of movable and immovable property.

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Option A

The Act also regulates transactions such as the sale of immovable property in section 54.

Option B

Section 123 expressly deals with gifts of movable property as well as immovable property.

Option C

The Act expressly regulates transactions involving each kind of property.

Option D

The Act includes provisions affecting both kinds of property. Section 123 expressly distinguishes the modes for gifts of each kind.

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