Gift Under Transfer of Property Act, 1882
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Gift Under Transfer of Property Act, 1882
122. “Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Acceptance when to be made Such acceptance must be made during the lifetime of the donor and while he is still ...
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Transfer of Property Act 1882 Summary
A brief on Transfer of Property Act, 1882  - iPleaders
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🎁 **Understanding Gift Deeds and Legal Boundaries!** Did you know? According to **Section 11 of the Transfer of Property Act, 1882**, a gift deed must be **absolute** and unconditional? 🎉 🔑 **What does this mean?** When a gift is made, the donor cannot impose any conditions that restrict the recipient’s rights to the property. A gift deed is meant to be a **voluntary transfer** without any strings attached. 💡 **Key Points to Remember 1. **No Conditions Allowed**: You cannot attach conditions
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Transfer of Property Act 1882 Sections
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