Section 123 - Transfer how effected : Transfer of Property Act, 1882

Transfer how effected? Section 123 of Transfer of Property Act, 1882

 

Section 123 of Transfer of Property Act 1882 : "Transfer how effected"

123. For the purpose of making a gift of immovable property, the transfer must be effected by a registered instrument signed by or on behalf of the donor, and attested by at least two witnesses.

 

 

For the purpose of making a gift of movable property, the transfer may be effected either by a registered instrument signed as aforesaid or by delivery.

Such delivery may be made in the same way as goods sold may be delivered.