Within the meaning of section 120 of the Transfer of Property Act, 1882, the parties to an exchange, each have the rights and liabilities of a seller of the thing given and a buyer of the thing taken whereas:
A. The provision of section 55 applies to an exchange of land
B. Provision of section 55 applies to batter of movable goods
C. Provision of section 55 applies to sale of land
D. Provision of section 55 applies to exchange also
Select an option to see the answer and solution.
In which Section of Transfer of Property Act, the provisions of mortgage are defined?
A. Section 54
B. Section 56
C. Section 58
D. Section 85
Select an option to see the answer and solution.
Transfer of Property Act:- If 'A' transfers house worth Rs. 2000 to 'B' and 'B' transfers a field worth Rs. 1200 and in additional pay Rs. 800 in cash to 'A' the transfer is-
A. Exchange
B. Sale
C. Sale and Exchange
D. None of these
Select an option to see the answer and solution.
As per the Transfer of Property Act which of the following is not transferable?
A. Future property
B. Movable property
C. Immovable property
D. Pension amount of pensioner
Select an option to see the answer and solution.
Transfer of Property Act:- The doctrine of "lis pendens" is explained in famous case of-
A. Musahur Sahu v. Hakim Lal
B. Muhammad Shafi v. Muhammad Sayed
C. Tulk v. Moxhay
D. Bellamy v. Sabine
Select an option to see the answer and solution.
Which one of the following is not an actionable claim under the Transfer of Property Act, 1882?
A. A share in Partnership
B. A claim for return of earnest money
C. A claim for arrears of rent
D. A copyright
Select an option to see the answer and solution.
The foundation of doctrine of election under the Transfer of Property Act, 1882 is that a person taking the benefit of an instrument:
A. Must bear the burden
B. Must not bear the burden
C. Burden is not the subject of election
D. None of the above
Select an option to see the answer and solution.
Determination of lease is dealt with under the Transfer of Property Act, 1882 in-
A. Section 108
B. Section 107
C. Section 113
D. Section 111
Select an option to see the answer and solution.
A' by a settlement deed transfers property to 'P' for life, then to 'S'. 'S' dies before 'P' dies. On the death 'P' the heir of 'S' claims the property. Is the claim valid?
A. Valid, since 'S' interest is heritable
B. Invalid, since 'S' interest is contingent
C. Invalid, since settlement deed is vague
D. None of the above
Select an option to see the answer and solution.
Under the provisions of the Transfer of Property Act, 1882, the unborn person acquires vested interest on transfer for his benefit:
A. Upon his birth
B. 7 days after his birth
C. 12 days after his birth
D. No such provision is made in the Act
Select an option to see the answer and solution.
A mortgage by deposit of title deeds for which a loan of Rs. 3 crores is raised
A. Can be effected only with the help of a written deed
B. Only with the help of a writteh and attested deed
C. Can be effected only with the help of a written, attested and registered document
D. Can be effected without an attested or registered document
Select an option to see the answer and solution.
Match
List-I with
List-II and select the correct answer by using the given below the lists:
List-I
List-II
a. Musahar Sahu v. Lal Hakim Lal
1. Part performance (section 53-A, Transfer of Property Act, 1882)
b. Maddison v. Alderson
2. Transfer by ostensible owner
c. Ram Coomar v. MecQueen
3. Doctrine of election
d. Mst. Dhanpatti v. Devi Prasad
4. Fraudulent transfer
A. a-1, b-2, c-3, d-4
B. a-4, b-1, c-2, d-3
C. a-1, b-3, c-4, d-2
D. a-4, b-1, c-3, d-2
Select an option to see the answer and solution.
Under which Section of Transfer of Property Act 'Fraudulent Transfer' is defined?
A. Section 21
B. Section 35
C. Section 53
D. Section 41
Select an option to see the answer and solution.
Section 19 of the Transfer of Property Act is related to
A. Vested Interest
B. Contingent interest
C. Accumulated interest
D. All of the above
Select an option to see the answer and solution.
Which of the following can be considered implied surrender of the lease?
A. Non acceptance of a new lease taking effect during the continuance of the existing lease
B. Abandonment of possession by the lessee
C. A surrender by one of the two joint lessee's, implied surrender on the part of second lessee
D. None of these
Select an option to see the answer and solution.
Under which case the principles of election is not applicable:-
A. One year from the date of transfer
B. Demand for election
C. Opposite aims
D. None of the above
Select an option to see the answer and solution.
The provisions of the Transfer of Property Act apply to the transfer of:
A. Immovable properties only
B. Movable properties only
C. Immovable and movable properties both
D. Immovable properties mostly, however some provisions apply to immovable as well as to movable properties
Select an option to see the answer and solution.
A lease which is silent regarding the duration but if lessee takes possession, such lease is known as
A. Tenancy at sufferance
B. Tenancy at will
C. Tenancy at perpetuity
D. None of them
Select an option to see the answer and solution.
Which of the following kinds of Mortgage is not included in Section 58 of the Transfer of Property Act, 1882?
A. Usufructuary Mortgage
B. Anomalous Mortgage
C. Simple Mortgage
D. Mortgage by deposit of title deeds
Select an option to see the answer and solution.
A security within the meaning of section 101 of the Transfer of Property Act, 1882, may be extinguished by merger:
A. By the merger of a lower in a higher security
B. By the merger of a lessor estate in a greater estate
C. By the merger of a lower in a higher security and by the merger of a lesser estate in a greater estate
D. Merger of a higher security
Select an option to see the answer and solution.