In which Section of the Transfer of Property Act the provisions regarding rights and liabilities of lessor and lessee are provided?
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If a property is transferred with the conditions that an interest created therein for the benefit of the transferee shall cease on his becoming insolvent such a condition is void under which of the following sections of the Transfer of Property Act?
A. Section 10
B. Section 11
C. Section 12
D. Section 13
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Fraudulent transfer is:
A. Void
B. Illegal
C. Immoral
D. Voidable
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"Once a mortgage, always a mortgage" means
A. Mortgagor has no right to assign right of redemption to any person
B. Mortgagee has no right to assign the mortgagee debt to any other person
C. Mortgage cannot be redeemed after the expiry of a fixed period
D. Mortgage is always redeemable
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The registration of a gift of immovable property is:
A. Compulsory
B. Optional
C. Compulsory in relation to ancestral property
D. Depends on the Court
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Transfer of ownership of immovable property in exchange for a price paid or promised or partly paid or partly promised is called as
A. Mortgage
B. Lease
C. Sale
D. Exchange
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Match
List I with
List II and select the correct answer by using the given below the lists:
List I
List II
a. Conditions restraining alienation
1. Section 14
b. Contingent Interest
2. Section 53A
c. Part Performance
3. Section 10
d. Rule Against Perpetuity
4. Section 21
A. a-3, b-4, c-2, d-1
B. a-1, b-3, c-4, d-2
C. a-1, b-2, c-3, d-4
D. a-4, b-3, c-1, d-2
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Every transfer of immovable property made without consideration with intent to defraud a subsequent transferee shall be
A. Void
B. Illegal
C. Voidable at the option of subsequent transferee
D. Voidable at the option of the transferor
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A transfer of immovable property made with the intent to defeat or delay the creditors of the transferor shall be-
A. Void
B. Voidable at the discretion of the Court
C. Voidable at the option of any creditor so defeated or delayed
D. All the above
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Rule of lis pendens is applicable to suits for specific performance of contracts to transfer immovable property. The statement is:
A. True
B. False
C. Partly true
D. None of the above
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Section 51 of the Transfer of Property Act, 1882, does not apply to
A. Court sale
B. Auction sale
C. Bid
D. None of the above
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Within the meaning of Section 3 of the Transfer of Property Act, the immovable property does not include?
A. Only standing timber & grass
B. Only standing timber, house and crops
C. Only standing timber, growing crops or grass
D. Only grass
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The provisions of section 106 of the Transfer of Property Act, 1882, were substituted by the Transfer of Property (Amendment) Act, 2002. This provision came into force with effect from
A. 31st December, 2002
B. 1st July, 2002
C. 30th October, 2002
D. 2nd July, 2003
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Which of the following statement is true with regard to Section 123 of the Transfer of Property Act, 1882?
A. It provides an exception to Section 17(1)(a) of the Registration Act
B. It is supplemental to Section 17(1)(a) of the Registration Act
C. It provides an exception to Section 17(1)(b) of the Registration Act
D. It is supplemental to Section 17(1)(b) of the Registration Act
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Under the Transfer of Property Act leases from month to month can be made:-
A. By oral agreement only
B. By oral agreement accompanied by delivery of possession only
C. Either by a registered instrument or by oral agreement accompanied by delivery of possession
D. By a registered instrument only
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Under the provisions of section 53 of the Transfer of Property Act, 1882, the relinquishment by one co-parcener in favour of another cannot be said to be a transfer unless:
A. It is found to be a device to evade creditors
B. It is found to be a device to evade debtors
C. It is to be a device to evade the government policy
D. None of the above
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Which of the following is true statement as regards actionable claim?
A. Non-transferable
B. In some cases orally transferable
C. Instrument is must
D. None of the above
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Sections 58(a) of the Transfer of Property Act defines-
A. Mortgagor,mortgagee and mortgage money
B. Mortgage mortgagor, mortgagee and mortgage deed
C. Mortgage, mortgagor, mortgagee, mortgage money and mortgage deed
D. Mortgage, mortgagor, mortgage money and mortgage deed
Select an option to see the answer and solution.
Which of the following is the time limit given under Section 17 of the Transfer of Property Act, 1882?
A. Life of the transferee
B. A period of 18 years from the date of transfer
C. Either A or B whichever is longer
D. Neither A nor B
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In case of Mortgaged lease, if the mortgagee obtains a renewal of the lease, the mortgagor upon redemption:
A. Shall not have the benefit of new lease
B. Shall have the benefit of new lease
C. Shall have the benefit of previous lease
D. None of the above
Select an option to see the answer and solution.