Transfer of property in favour of an unborn person. When such person acquires interest in the property?
Verified Answer
A. On birth
B. On attaining majority
C. On attaining age of twenty one years
D. in case of woman, after marriage
Explanation:
Section 13 of the Transfer of Property Act, 1882, deals with transfer for the benefit of an unborn person. The interest created for the benefit of such person shall not take effect unless it extends to the whole of the remaining interest of the transferor in the property, and it vests in the unborn person upon his birth.