Multiple choice

Which of the following is not a condition for a valid gift of immovable property?

  1. Registered instrument signed on behalf of the donor

  2. Consideration

  3. Attestation by at least two witnesses

  4. Acceptance of gift by donee during the lifetime of the donor

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The maxim of ‘No consideration, no contract’ is not applicable for gift. The other conditions are required. Thus (2) is the correct option as consideration is not required.