Correct option is A
Under
Section 20 of the
Transfer of Property Act, 1882, an
unborn person can acquire a
vested interest in property
upon their birth. This means that as soon as the child is born, they acquire a vested interest in the property that has been transferred for their benefit, even though the actual possession of the property may happen later.
· The property is transferred
in favor of an unborn person through a preceding life interest, which means someone else (alive at the time of the transfer) holds the property interest until the unborn person is born and becomes entitled to it.
· The unborn person does
not need to reach majority (i.e., 18 years of age) to acquire the vested interest. The interest is vested
immediately at birth, not when they turn 18 or complete any other condition like marriage.
Additional Knowledge:
·
Vested interest means that the person’s right to the property is secure and does not depend on any further conditions (except the condition of birth). The person will have the
right to possess the property, even if possession is delayed.
·
Possession might be delayed until after the life interest expires (for example, when the person who holds the life interest dies), but the unborn child has the vested interest immediately
upon birth.
