Chapter 2.7.
Gift

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Learning outcomes of this chapter:

  • Explain the formalities and the effect of a gift of property.
  • Explain the effect of bankruptcy on a gift of property under the Bankruptcy Act.

Related Multiple Choice Questions

Who must consent to property transactions involving bankrupt individuals?

In the context of property transactions, which scenario requires the consent of the Official Assignee?

Edward, a property seller, is in bankruptcy, but he has a binding S&P Agreement with Fiona, the buyer. What is the status of the S&P Agreement?

In a scenario where a property owner in Singapore dies without a will, the process to manage and distribute their estate involves obtaining a:

When does the legal title of a registered freehold estate pass to the buyer?

A homeowner in Singapore wants to ensure that their friend can live in their house for a year while they're abroad. This can be formally arranged through a:

What incurs stamp duties during property transfers in Singapore?

What formalities must a deed undergo under the Registration of Deeds?

Bob is completing the purchase of a new home. At what point in the process is the legal title of the property officially transferred to him under Singapore's Land Titles System?

What system is used in Singapore for the transfer of property titles?

Alex and Sam bought a property together. If they want to ensure that if one of them passes away, the other automatically becomes the sole owner, they should opt for:

In Singapore real estate, a 'trust of land' primarily separates:

Mia and Zack own a property in Singapore as joint tenants. If Mia wants to leave her share of the property to her daughter in her will, she must first:

What does the Duty to Disclose involve in real estate transactions?

Sarah intends to sell her apartment to Tom. For their agreement to be considered a legally binding contract in Singapore, which of the following is NOT required?