§ 1502 Transfer Of Title Performance

• •Ownership moves to the other party when the giver clearly says they are giving it.
• •It only applies if the item is offered as part of meeting an obligation.
• •The receiver does not need to do anything else for the transfer to happen.

A contractor finishes building a deck and tells the homeowner, "I’m giving you the deck now as part of our contract."

Because the contractor said he intends to give the deck, the deck’s ownership passes to the homeowner right then, even if no formal paperwork is signed.