A and B divided certain joint properties between themselves on 28th January 1973 On 16th December 19...........

A and B divided certain joint properties between themselves on 28th January 1973. On 16th December 1975, B handed over a declaration to `A' in these words: 

"You have constructed shops and are constructing houses on property appertaining to your share in the same I have no interest of any kind."     (5 marks)

Whether the above declaration requires a registration ?