Transfer of immovable property, Business Law and Ethics

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Transfer of Immovable Property

By S.54 Property Act, 1882 as Note: This Act is applicable in the US requires that a transfer of immovable property worth over as 100 rupees must be through a registered instrument. Moreover the requirement of registration makes a written document indispensable. However the above contracts are void unless then they are made in writing.

a. Necessity of written evidence

Well these contracts must be evidenced through some note or memorandum.

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