Law · Transfer of Property Act
When does a person acquire a contingent interest in property according to Section 21 of the Transfer of Property Act, 1882?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1When the transferor reserves a prior interest to another person
- 2When the interest is transferred absolutely without condition
- 3When the interest takes effect immediately upon transfer
- 4When the interest is subject to a specified uncertain event✓
Correct answer
When the interest is subject to a specified uncertain event
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