Question Description
PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? for LR 2025 is part of LR preparation. The Question and answers have been prepared according to the LR exam syllabus. Information about PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for LR 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer?.

Solutions for PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for LR. Download more important topics, notes, lectures and mock test series for LR Exam by signing up for free.

Here you can find the meaning of PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice PRINCIPLE: A gift comprising existing property is valid and a gift comprising future property is void FACTS: X has a house which is owned by him. He contracted to purchase a plot of land adjacent to the said house but the sale (of the plot of land) in his favour is yet to be completed. He makes a gift of both the properties (house and land) to Y. Under the afore-mentioned circumstances, which of the following derivations is CORRECT?a)Gift of both the properties is valid.b)Gift of both the properties is void.c)Gift of house is void, but the gift of the plot of land is valid.d)Gift of house is valid, but the gift of the plot of land is void.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice LR tests.