Practicing Success
Which of the following section of Transfer of Property Act deals with transfer of a property by way of gift? |
Section 122 Section 124 Section 35 Section 130 |
Section 122 |
A transfer of ownership of property that is made voluntarily and without consideration is called Gift (Section 122 of the TPA). The person making the transfer is called the donor and the person to whom it is made is called the donee. If the donee expires before accepting the gift, it becomes void. |