Which statement is NOT a requirement of part performance under section 53A of the Transfer of Property Act, 1882?
Question and options
Which statement is NOT a requirement of part performance under section 53A of the Transfer of Property Act, 1882?
The contract is for consideration
The contract concerns movable property
The writing is signed by or on behalf of the transferor
The transferee has taken possession, or continues existing possession and has done an act in furtherance
Answer and explanation
Section 53A concerns immovable property transferred for consideration under signed writing. It recognises taking possession or continued existing possession with an act in furtherance, and requires the transferee to perform or be willing to perform the contract.
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