A lease of immovable property from year to year or for any term exceeding one year or reserving a yearly rent, can be made only by
A. An ordinary instrument
B. By unregistered instrument
C. By registered instrument
D. By written instrument
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An unborn person acquires vested interest in property on transfer
A. Immediately on birth
B. After attaining majority
C. On attaining twenty-one years of age
D. In case of female after marriage
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Section 6 of Transfer of Property Act is related to
A. Transfer of Property
B. Person competent to transfer
C. What may be transferred
D. None of the above
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In case of transfer of property for the benefit of the, public which of the following restrictions shall not apply?
A. Rule against perpetuity
B. Transfer to take effect on failure of prior interest
C. Direction of accumulation
D. All of the above
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Legal subrogation occur in following ways:
(1) a puisne mortgagee redeeming a prior mortgage.
(2) a co-mortgagor's surety redeeming the mortgage.
(3) mortgagor's surety redeeming.
(4) a purchaser of the equity of redemption redeeming a mortgage.
A. Only (1) and (2) are relevant
B. Only (3) and (4) are relevant
C. Only (2) and (4) are relevant
D. All are legal subrogations and all of (1), (2), (3) And (4) are relevant
Select an option to see the answer and solution.
A takes a loan of Rs. 5,000 from Band mortgages his house as security. In the mortgage deed, it was also mentioned that if he could not pay the amount within 5 years, then B will have right to sell the house and recover his amount. If the money could not be recovered from sale of house, then A will be personally liable. It is
A. Mortgage by conditional sale
B. English mortgage
C. Usufructuary mortgage
D. Simple mortgage
Select an option to see the answer and solution.
Lease of a house for a term exceeding one year can be made
A. Only by registered instrument
B. Oral agreement
C. Either by oral agreement or by registered instrument
D. None of these
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Within the meaning of section 48 of the Transfer of Property Act, 1882, the transfer cannot prejudice the rights of the transferee by any subsequent dealing with the property. This self-evident proposition is expressed in
A. Equitable maxim qui prior est tempore potior est jure
B. Quid pro co
C. Bona fide transfer
D. None of the above
Select an option to see the answer and solution.
Default in payment of interest by the mortgagor does not accelerates the mortgagee's right to foreclosure unless:
A. It is provided in the mortgage
B. It is not provided in the mortgage
C. Only (B) is correct
D. None of the above
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Within the meaning of section 51 of the Transfer of Property Act, 1882, the transferee:
A. Has lien on land for the value of improvements
B. Has no lien on the land for the value of improvements
C. Has condition lien on the land for the value of improvements
D. None of the above
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Lease' has been defined under the Transfer of Property Act, 1882 in
A. Section 103
B. Section 118
C. Section 105
D. Section 125
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Which of the following would be a valid transfer under the Transfer of Property Act, 1882?
A. A lets a farm to B on condition that he shall walk a hundred miles in an hour
B. A gives Rs. 500 to B on condition that he shall marry A's daughter C. At the date of the transfer C was dead
C. A transfers Rs. 500 to B on condition that she shall murder C
D. A transfers Rs. 5000 to B on condition that he shall marry with the consent of C, D and E. E dies, B marries with the consent of C and D
Select an option to see the answer and solution.
The provisions of Section 106 of the Transfer of Property Act, 1882 were substituted by the Transfer of Property (Amendment) Act, 2002 and this provision came into force with effect from
A. 31st December, 2002
B. 1st July, 2002
C. 30 th October, 2002
D. 2nd November, 2002
Select an option to see the answer and solution.
Transfer of Property Act governs transfers:-
A. Between living persons only
B. Between living persons and transfers by the order of a court
C. Between living persons and transfer by operation of law
D. All of the above
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Which one of the following section of the Transfer of Property Act, 1882, deals with the "direction for accumulation"?
A. Section 14
B. Section 17
C. Section 19
D. Section 18
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Which one of the following statements is not correct?
A. The condition on which ownership depends may be either a condition precedent or a condition subsequent
B. The contingent ownership of a thing is nothing but a simple chance
C. A condition subsequent is one on the fulfilment of which a title already complete, is extinguished
D. A condition precedent is one by the fulfilment of which the title is perfected
Select an option to see the answer and solution.
An universal donee is liable to the creditors of the donor, the liability of the donee is
A. Personal
B. To the extent of value of gifted property in hand
C. Based on pious obligation
D. Limited to reasonable extent
Select an option to see the answer and solution.
The provision for the improvements to the mortgaged property is dealt in:
A. Section 62 of the Transfer of Property Act, 1882
B. Section 63 of the Transfer of Property Act, 1882
C. Section 63A of the Transfer of Property Act, 1882
D. Section 63B of the Transfer of Property Act, 1882
Select an option to see the answer and solution.
A gift of immovable property can be given
A. By delivery of immovable property
B. By written instrument
C. By delivery and registration of document
D. None of the above
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When the mortgagor's right to redeem accrues, the mortgagee has a right to enforce
A. His security
B. His interest
C. Only (B) is correct
D. None of the above
Select an option to see the answer and solution.