Bare ActsThe TRANSFER OF PROPERTY ACT, 1882

Section 122

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“Gift” defined “Gift” is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the done, and accepted by or on behalf of the done. Acceptance when to be made Such acceptance must be made during the lifetime of the donor and while he is still capable of giving. If the done dies before acceptance, the gift is void. 1 Sub. by Act 20 of 1929, sec. 59, for the original section. 52

Section 122 – The TRANSFER OF PROPERTY ACT, 1882 | DailyLaw.ai