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Showing posts with the label Transfer of property

Gifts

  Definition   The transfer of movable and immovable property without consideration  The gift should inter vivos Gift to idol in not valid Gift to unborn The gift needs acceptance otherwise it is void The gift may be made to another living person till the child id born may not be delayed after attaining majority  The rights vested in the person living should be transferred absolutely to the born child Revocation of gift Gift once accepted cannot be revoked otherwise If agreed by the evening agreed by donor and Donne  Illustration  A gifts his land to b with condition that if b has no heirs in life of A reverts to A Case law  Al card v skinner The plaintiff gifted to the defendant his property under the influence of mother superior later she sued for setting aside the gift the decision came in favour to the defendant that years have passed since the gift was made and no evidence of undue influence. S.123 -Transfer effected by registration by two witness...