A' lets a field to 'B' at a rent of Rs. 500 and then transfers the field to 'C'. 'B' having no notice of the transfer, in good faith pays the rent to 'A'. Here
A. B' is not chargeable with rent to 'C'
B. B' is chargeable with rent to 'C'
C. Collected rent is divisible between 'A' and 'C'
D. None of the above
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Which one of the following pair is correctly matched?
A. Universal donee - Section 128A
B. Mortgaged debt - Section 134
C. Exchange of Money - Section 120
D. All of the above
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Clause (a) of section 62 of the Transfer of Property Act, 1882 refers to cases where the principal and interest are paid out of the usufruct, and the suit is one for the recovery of possession rather than redemption. These statements
A. False
B. True
C. Are subject matter of clause (B)
D. None of the above
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A lessee is not entitled to the right of marshalling under the section:
A. 55 of the Transfer of Property Act, 1882
B. 56 of the Transfer of Property Act, 1882
C. 57 of the Transfer of Property Act, 1882
D. None of the above
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Provisions of Transfer of Property Act shall be applicable-
A. Where property is transferred in execution of decree of the Court
B. Where the property of insolvent vests in Receiver by the order of the Court
C. Where the property is transferred by the act of parties
D. To intestate succession
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A valid lease can be determined by
A. Efflux of time
B. Forfeiture
C. On expiration of notice period for determination of such lease
D. All of the above
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Section 60 of the Transfer of Property Act, 1882 affirms a right of redemption:
A. In some particular mortgages
B. In all mortgages
C. Not in a single mortgages also
D. None of the above
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Where two properties belong to same owner, one property is mortgaged to secure one debt and both properties are mortgaged to secure another debt and the former debt is paid out of the former property, each property is:
A. Liable to contribute retably to the latter after deducting the amount of former debt from the value of property out of which it has been paid
B. Not liable to contribute retably to the latter after deducting amount of former debt
C. Debt liable to be deducted amount only
D. None of the above
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Section 65 of the Transfer of Property Act, 1882 contains provisions relating to:
A. Implied contracts by mortgagor
B. Implied contracts by mortgagee
C. Marashalling of securities
D. Rights of unufructuary mortgagor
Select an option to see the answer and solution.
The Bill on Transfer of Property was referred to
A. First Law Commission
B. Second Law Commission
C. Third Law Commission
D. Fourth Law Commission
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A man gifts his property to a temple, subject to the condition, on the death of his wife. What is created by the transaction?
A. Spec succession is
B. Contingent interest
C. Vested interest
D. None of the above
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Under section 12 of the Transfer of Property Act, 1882 where the transfer of property is subject to conditions or limitations making interest therein to the benefit of person to lease on his becoming involved or endeavouring to transfer or dispose of property, such condition is:
A. Valid
B. Void
C. Partly void
D. None of the above
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The transfer of an auctionable claim whether with or without consideration shall be effected only by the execution of an instrument in writing signed by the transferor or his duly authorised agent, shall be complete and effectual upon the execution of such instrument and all the rights and remedies shall be vested upon transferee. This is the provision under
A. Section 130 of the Transfer of Property Act, 1882
B. Section 131 of the Transfer of Property Act, 1882
C. Section 132 of the Transfer of Property Act, 1882
D. Section 133 of the Transfer of Property Act, 1882
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It is mandatory that transfer of an actionable claim can be effected only by an instrument in writing but it does not have effect on
A. Negotiable instrument
B. Arrears of rent
C. An amount due under a letter of credit
D. None of the above
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In which of the Section of Transfer of Property Act, the 'Doctrine of Consolidation' is incorporated?
A. Section 60
B. Section 61
C. Section 62
D. Section 63
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Section 58 enumerates some classes mortgages:
(1) Simple mortgage
(2) Mortgage by conditional sale
(3) Usufructuary mortgage
(4) English mortgage
(5) Equitable mortgage
(6) Anomalous mortgage
A. Only (1), (2) and (3) are relevant
B. Only (4), (3) and (2) are relevant
C. Only (4), (5) and (6) are relevant
D. All are relevant
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Who may make rules consistent with the provisions of Transfer of Property Act?
A. State Government
B. High Court
C. Supreme Court
D. State Secretariat
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For applicability of doctrine of Lis Pendens the property would be:
A. Movable
B. Immovable
C. Both A and B
D. None of these
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Remedy of 'foreclosure' is available in which one of the following mortgages, namely in
A. Usufructuary mortgage
B. Mortgage by conditional sale
C. Simple mortgage
D. English mortgage
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How many types of mortgages are there in Section 58 of Transfer of Property Act?
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