When a partnership firm dissolves, and its immovable property (like land or a building) is given to a partner, does it need to be registered in their name? Is this compulsory or just a choice? (The property is currently in the firm’s name.)

Yes, the transfer of immovable property from the dissolved partnership firm to a partner needs to be registered in their name. This is compulsory under the Indian Registration Act, 1908, as it involves the transfer of ownership of immovable property.