Chhattisgarh Pre 2003

Gift comprising of future property is valid:

Verified Answer
A. Right
B. Wrong
C. Gift property may be provide in future to valid it
D. Future gift will be valid if donee accepted it

Explanation:

Section 124 of the Transfer of Property Act, 1882, states that a gift comprising both existing and future property is void as to the latter. Therefore, a gift of future property is not valid.