sec.61Requirements of instrument of transfer

### sec.61 Requirements of instrument of transfer An instrument of transfer for a lot or an interest in a lot must— be validly executed; and include particulars sufficient to identify— the lot to be transferred; or the lot to which the interest applies; and include an acknowledgement of the amount paid or details of other consideration; and for an interest in a lot—include a description sufficient to identify the interest to be transferred. Subsection (1) does not limit the matters that the appropriate form for an instrument of transfer may require to be included in the instrument. (sec.61-ssec.1) An instrument of transfer for a lot or an interest in a lot must— be validly executed; and include particulars sufficient to identify— the lot to be transferred; or the lot to which the interest applies; and include an acknowledgement of the amount paid or details of other consideration; and for an interest in a lot—include a description sufficient to identify the interest to be transferred. (sec.61-ssec.2) Subsection (1) does not limit the matters that the appropriate form for an instrument of transfer may require to be included in the instrument. - (a) be validly executed; and - (b) include particulars sufficient to identify— (i) the lot to be transferred; or (ii) the lot to which the interest applies; and - (i) the lot to be transferred; or - (ii) the lot to which the interest applies; and - (c) include an acknowledgement of the amount paid or details of other consideration; and - (d) for an interest in a lot—include a description sufficient to identify the interest to be transferred. - (i) the lot to be transferred; or - (ii) the lot to which the interest applies; and