मालमत्ता हस्तांतरण अधिनियम १८८२ च्या कलम ५४ अन्वये अमूर्त मालमत्तेचे हस्तांतरण कोणत्या पद्धतीने पूर्ण केले जाते ?

The correct answer is Option A (Only registered instrument).

Key Points:
• Section 54 of Transfer of Property Act, 1882 - Transfer of Intangible Property:
• Section 54 governs 'Sale' and explicitly distinguishes between tangible and intangible property:
• "Such transfer, in the case of tangible immoveable property of the value of one hundred rupees and upwards, or in the case of a reversion or other intangible thing, can be made only by a registered instrument."
• In the case of tangible immoveable property of a value less than one hundred rupees, such transfer may be made either by a registered instrument or by delivery of the property.
• Because an intangible thing (अमूर्त मालमत्ता - such as a right of way, copyright, patent, or reversion) cannot be physically possessed or handed over, physical delivery is legally impossible.
• Hence, transfer of intangible property can be completed ONLY by a registered instrument.
• Officially verified key confirms Option 1 (Only registered instrument).
• Key Takeaway: Under Section 54 of TPA 1882, the sale of any intangible property can only be effected by a registered instrument.