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State of Jammu-Kashmir - Section

Section 123 in Transfer of Property Act, 1977

123. Transfer how effected.

- For the purpose of making a gift of immovable property, the transfer must be effected by a registered instrument signed by or on behalf of the donor, and attested by at least two witnesses.For the purpose of making a gift of moveable property, the transfer may be effected either by a registered instrument signed as aforesaid or by delivery.Such delivery may be made in the same way as goods sold may be delivered.Explanation. - The word "attest" has the same meaning in this section as in section 59.