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Can I Buy Property In My Child'S Name ?

1 Answer
S
Subhagya Ghosh

Buying a property in a minor name is possible only when It is presented as a gift. According to the Indian Contract Act of 1872, a minor is not competent to contract. Under the Transfer of Property Act of 1882, a child can accept a gift of immovable property without the involvement of his guardians.

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