In which of the following cases of trans

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Target Exam

CUET

Subject

Legal Studies

Chapter

Topics of Law

Question:

In which of the following cases of transfer of an immovable property there is no consideration involved?

Options:

Lease

Gift

Exchange

Both 2 and 3

Correct Answer:

Gift

Explanation:

Sale, Lease, Exchange and Gift

Basis	Sale	Lease	Exchange	Gift
Transfer	Transfer of ownership for price	Transfer of limited ownership for rent	Transfer of ownership for some other property	Transfer of ownership without consideration
Consideration	Price	Rent	Another property	No Consideration
Mode	Sale deed should be registered	Lease deed should be registered	Sale deed should be registered	Gift of immovable property should be registered.