Correct option is B
According to
Section 3 of the Transfer of Property Act, 1882, 'instrument' refers to
non-testamentary documents that create or transfer an interest in property.
Information Booster:
The term
'instrument' excludes wills (testamentary instruments) and refers only to non-testamentary documents like deeds of sale, mortgages, etc.
Additional Information:
·
Option (a): Testamentary instruments (wills) are excluded from the definition of 'instrument' under this Act.
·
Option (c): It includes only non-testamentary instruments, not both.
·
Option (d): Section 3 clearly defines 'instrument' as non-testamentary.
