Transfer of Property Act, 1882-Unborn person acquires vested interest on transfer for his benefit under Transfer of Property Act:

Option A: Upon his birth

Option B: 7 days after his birth

Option C: 12 days after his birth

Option D: None of all

Correct Answer

Option: a

Explanation

Section 13 of the Transfer of Property Act, 1882 provides that where, on a transfer of property, an interest therein is created for the benefit of a person not in existence at the date of the transfer, subject to a prior interest created by the same transfer, 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.

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