Multiple choice

Transfer of property for the benefit of an unborn person can be made by

  1. creation of a prior interest in favour of a living person for any period

  2. vesting the right directly to the unborn

  3. creation of a prior interest in favour of a living person till the existence of the unborn person

  4. either the unborn or a living person

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

Option (3) is correct. U/s 13 of Transfer of Property Act, 1882, transfer of property for the benefit of an unborn person can be made by creating a prior interest in favour of a living person till the existence of the unborn person.