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    Question

    Registration of which of the following documents is

    compulsory ?
    A Lease of immovable property for period below 1 year Correct Answer Incorrect Answer
    B Instrument of gift of immovable property Correct Answer Incorrect Answer
    C Deed of will Correct Answer Incorrect Answer
    D Acknowledge receipt of payment 4 Correct Answer Incorrect Answer

    Solution

    Under Section 123 of the Transfer of Property Act, 1882, the gift of immovable property is valid when gifted through a registered gift deed signed by the donor and the donee and attested by two witnesses. The gift of movable property is valid when gifted under a registered gift deed or by giving delivery of the property to the donee.

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