Section 123 of the Transfer of Property Act, 1882 – Transfer how effected

Home › The Transfer of Property Act, 1882 › Chapter VII – Of gifts

Section 123: Transfer how effected

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

Source: official text of The Transfer of Property Act, 1882 as published on India Code (PDF). All sections of the Transfer of Property Act, 1882.