Section 38 of the Transfer of Property Act, 1882 has no application
A. To previous transfer where the transaction is still incomplete
B. To succeeding transfer where the transaction is to be completed in future
C. To perpetuity transfer
D. None of the above
Select an option to see the answer and solution.
Which type of property may be used for lease?
A. Only movable
B. Only immovable
C. Movable and immovable both
D. None of these
Select an option to see the answer and solution.
Where interest on transfer of property is created in favour of members only of a class as shall attain a particular age:
A. Such interest does not vest in any member of the class who has not attained that age
B. Such interest vests in any member irrespective of class who has not attained that age
C. No such provision is made under the Act
D. None of the above
Select an option to see the answer and solution.
Which Section of Transfer of Property Act preserves the rule of Mohammedan Law and excludes the applicability of Section 123 of Transfer of Property Act which mandates that the gift of immovable property must be effected by a registered instrument as stated therein-
A. Section 126
B. Section 127
C. Section 128
D. Section 129
Select an option to see the answer and solution.
The term 'good faith' is Section 51 of the Transfer of Property Act, 1882 is used in the light of the
A. Indian Registration Act, 1908
B. Sale of Goods Act, 1930
C. General Clauses Act, 1897
D. Specific Relief Act, 1963
Select an option to see the answer and solution.
Who one of the following sections of the Transfer of Property Act provides that 'mere-right to sue' cannot be transferred?
A. Section 5
B. Section 6
C. Section 7
D. None of the above
Select an option to see the answer and solution.
What may be transferred:
A. Spes successions
B. A right to sue
C. A right of re-entry to the owner for breach of a condition subsequent
D. A right to future maintenance
Select an option to see the answer and solution.
An act of interference with the property of another may be justified by the consent of that other is defence falling under
A. Authority of law
B. Lease and licence
C. Easement
D. None of the above
Select an option to see the answer and solution.
A' makes a gift in favour of his sons with a condition that if any of them dies leaving no male issue, his shares will be taken by other surviving sons and not the widow or daughter of the deceased son. The gift creates alan
A. Absolute interest
B. Vested interest
C. Contingent interest
D. Conditional interest
Select an option to see the answer and solution.
Which one of the following is not an essential element of a Mortgage as defined under Section 58(a) of Transfer of Property Act?
A. There must be transfer of interest
B. There must be promise to transfer of interest
C. The interest must be of some specific immovable property
D. The purpose of transfer must be to ensure payment of a debt
Select an option to see the answer and solution.
With the express or implied consent of interested person in immovable property, a person is the ostensible owner of such property and transfers the same for consideration, then the transfer shall not be:
A. Voidable
B. Void
C. Valid
D. None of the above
Select an option to see the answer and solution.
When one of several co-owners transfers his share, the transferee acquires as against the other co-owners the same rights that of transferor had but is subject to any condition and liabilities affecting the share at the date of transfer. This is the provision under:
A. Section 40 of the Transfer of Property Act, 1882
B. Section 41 of the Transfer of Property Act, 1882
C. Section 42 of the Transfer of Property Act, 1882
D. Section 44 of the Transfer of Property Act, 1882
Select an option to see the answer and solution.
The provision of fraudulent transfer is given in
A. Section 49 of the Transfer of Property Act, 1882
B. Section 50 of the Transfer of Property Act, 1882
C. Section 51 of the Transfer of Property Act, 1882
D. Section 53 of the Transfer of Property Act, 1882
Select an option to see the answer and solution.
The rule of lis pendens applies when
A. The suit or proceeding in which right to immovable property is indirectly in question
B. A suit or proceeding in which right to immovable property is pending between two persons and one of them sells the property
C. The suit or proceeding is pending in a court which does not have jurisdiction
D. Litigation is not bona fide but collusive
Select an option to see the answer and solution.
Before the commencement of the Transfer of Property Act, 1882, the transfer of immovable properties in India were governed by the
A. Principles of English law and equity
B. Indian Registration Act, 1908
C. British State of Goods Act, 1880
D. Indian Contract Act, 1872
Select an option to see the answer and solution.
A suit to obtain a decree that a mortgage or shall be absolutely debarred of his right to redeem the mortgaged property is called a suit for . . . . . . . . under the Transfer of Property Act, 1882.
A. Redemption
B. Actionable claim
C. Foreclosure
D. Marshalling
Select an option to see the answer and solution.
Tangible immovable property of value of this amount or upward, can be transferred only by a registered instrument:
A. Rs. 100
B. Rs. 50
C. Rs. 25
D. Rs. 90
Select an option to see the answer and solution.
If there are several purchasers, the seller is not concerned with the proportion to be paid by each, but he has a charge on the whole property:
A. For unpaid purchase money
B. For paid up amount only
C. Only (B) is correct
D. None of the above
Select an option to see the answer and solution.
Which out of the following is not a kind of mortgage?
A. Mortgage by conditional sale
B. Usufructuary mortgage
C. English mortgage
D. Subrogation
Select an option to see the answer and solution.
. . . . . . . is defined as a security for repayment of a loan.
A. Pledge
B. Mortgage
C. Lease
D. None of these
Select an option to see the answer and solution.