A' owing half share and 'B' and 'C' each a quarter share of mauza Sultan pur exchange one-eighth share of that mauza for a quarter share of mauza Lalpura. There being no agreement to contrary. 'A' is entitled to an eighth share in Lalpura and 'B' and 'C' each is entitled to:
A. One-fourth share
B. One-eighth share
C. One-half share
D. One-sixteenth share
Select an option to see the answer and solution.
The transfer of 'spes successionis' under the Transfer of Property Act is
A. Void ab initio
B. Voidable
C. Perfectly valid
D. Valid only if approved by the court
Select an option to see the answer and solution.
Under Transfer of Property Act which Property may be transferred?
A. A mere right to sue
B. Public Office
C. The chance of an heir-apparent succeeding to an estate
D. Any property transfer of which is not barred by law
Select an option to see the answer and solution.
A' in lieu of debt from 'B' handovers the possession of his house to 'B' with a covenant to transfer of property in favour of 'B', but with provision for retransfer in case of repayment of debt. This type of mortgage is known as:
A. Equitable mortgage
B. English mortgage
C. Usufructuary mortgage
D. Mortgage by conditional sale
Select an option to see the answer and solution.
Under section 16 of the Transfer of Property Act, 1882 where an interest created for the benefit of a person or class of persons fails then:
A. Any interest created in the same transaction intended to take effect after or upon failure of such prior interest also fails
B. Any interest created in the same transaction and intended to take effect after or upon failure of such prior interest does not fail
C. Such failure does not affect
D. None of the above
Select an option to see the answer and solution.
Gift is defined in which section of the Transfer of properly Act, 1882:-
A. Section 11
B. Section 106
C. Section 122
D. Section 25
Select an option to see the answer and solution.
Which of the following is a valid example of contingent interest as defined by the Transfer of Property Act, 1882?
A. B gifted his property to his daughter-in-law, with a condition that the possession of the property will transfer to her only after B's death
B. B made a gift of Rs. 15,000 to A, deposited in an account to be transferred to A when he attains age of majority
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Which of the following is not correctly matched under Transfer of Property Act?
(1) Universal donee - Section 128
(2) Doctrine of Part Performance - Section 53A
(3) Marshalling by subsequent purchaser - Section 65
(4) Mortgagee's right to foreclosure or sale - Section 67
Choose the right answer:
A. Only (1)
B. Both (1) and (2)
C. Only (3)
D. Both (3) and (4)
Select an option to see the answer and solution.
A gives a lakh of rupees to B, reserving to himself, with B's assent, the right to take back Rs. 10,000 at pleasure out of that amount. This gift is-
A. Absolutely valid
B. Absolutely invalid
C. This cannot be said to a gift
D. Holds good as to Rs. 90,000 but it is void as to Rs. 10,000
Select an option to see the answer and solution.
Transfer of property means:
A. Transfer between living beings
B. Transfer between living person and trust
C. Transfer between legal persons
D. Includes all
Select an option to see the answer and solution.
Charge under Section 100 of the Transfer of Property Act, 1882:
A. Amounts to mortgage by conditional sale
B. Amounts to sale
C. Amounts to security for payment of money
D. Amounts to creation of tenancy rights
Select an option to see the answer and solution.
Which of the following Sections of Transfer of Property Act contains exceptions to the Maxim "Nemodat quod non-habets"?
A. Section 41 and 42
B. Section 41 and 44
C. Section 41 and 43
D. None of the above
Select an option to see the answer and solution.
The term creditor used in section 53 of the Transfer of Property Act, 1882 includes:
A. Subsequent creditors only
B. Creditors at the time of assignment only
C. Both creditors at the assignment and subsequent creditors
D. None of the above
Select an option to see the answer and solution.
Whether a Hindu person can 'gift' his immovable property orally?
A. Yes, if possession is delivered
B. No
C. It is upon discretion of the donee
D. None of these
Select an option to see the answer and solution.
The provisions of sections under the Transfer of Property Act
A. Shall not apply to stocks, shares or debentures or to instruments are negotiable or merpantile documents
B. Shall apply to negotiable instruments
C. Shall apply subject to certain conditions
D. Same provisions shall apply
Select an option to see the answer and solution.
A lets a farm to B on condition that he shall walk hundred miles in an hour:
A. The lease is void
B. Lease can be executed if B walks 100 miles in a hour
C. Lease can be executed
D. Conditional transfer can be made
Select an option to see the answer and solution.
What is true about the section 68 of the Transfer of Property Act, 1882, refers to the personal remedy by the mortgagee whereas section 67:
A. Refers to remedy against the property mortgaged
B. Refers to remedy against property sold
C. Refers to remedy against property hypothecated
D. None of the above
Select an option to see the answer and solution.
X, an owner of house at Aligarh, left Aligarh in the year 1970 after appointing Y as its care taker to look after the house. Y starts living in the said house with the knowledge of X. X brings an action in the year 2005 against Y for delivery of possession of the house in question. Y takes the plea that (1) the suit is barred by time and (2) he has perfected the title by adverse possession. State whether-
A. Suit is barred by time
B. Y has perfected his title by adverse possession
C. Y is liable to succeed on both the pleas A and B
D. Noneof the above pleas is sustainable
Select an option to see the answer and solution.
Principle of Marshalling and Contribution is a principle under the Law of Transfer of Property Act which relates to the matter of
A. Lease
B. Gift
C. Securities
D. Deposit
Select an option to see the answer and solution.
The forfeiture under section 111(g) of the Transfer of Property Act, 1882 can . . . . . . . .
A. Not be waived off, except by express declaration of the same
B. Can be waived off by acceptance of rent becoming due after forfeiture, after the suit to eject lessee has been initiated
C. Can be waived off by accepting of rent becoming due after forfeiture, in case lessor is not aware that forfeiture has incurred
D. Can be waived off by accepting of rent becoming due after forfeiture, as long as lessor knows that forfeiture has incurred
Select an option to see the answer and solution.