The mortgage, "where the mortgagor binds himself to repay the mortgagemoney on a certain date, and transfers the mortgaged property absolutely to the mortgagee, but subject to a proviso that he will re-transfer it to the mortgagor upon payment of the mortgage-money as agreed", is called:
A. Anomalous mortgage
B. Mortgage by conditional sale
C. English mortgage
D. Usufructuary mortgage
Select an option to see the answer and solution.
Under the Transfer of Property Act, 1882 the term 'registration' means
A. Registration of property
B. Registration of documents
C. Registration of parties
D. Registration of witnesses
Select an option to see the answer and solution.
In case of gift of movable property the transfer may be affected either by a registered instrument signed or by delivery and such delivery may be made in the same way as goods sold may be delivered.
A. This is the part of provision under the section 123 of the Transfer of Property Act, 1882
B. This is the part of provision under section 122 of the Transfer of Property Act, 1882
C. This is part of provision under section 120 of the Transfer of Property Act, 1882
D. This is the part of provision under section 119 of the Transfer of Property Act, 1882
Select an option to see the answer and solution.
Which of the following sections of the provisions of the Transfer of Property Act, 1882 deals with relief against forfeiture for the non-payment of rent?
A. Section 114
B. Section 114A
C. Section 113
D. Section 113A
Select an option to see the answer and solution.
For creating an interest in favour of an unborn person, which of the following is essential?
A. Creation of a prior life interest in favour of living persons
B. Unborn person must be born before the termination of last prior life interest
C. Absolute interest is to be given to unborn person
D. All of the above
Select an option to see the answer and solution.
A lessee accepts from the lessor a new lease of the property leased, to take effect during the continuance of the existing lease. This:
A. Converts the former lease into exchange
B. Converts the former lease into a perpetual lease
C. Is an implied surrender of the former lease
D. Is a voidable agreement
Select an option to see the answer and solution.
Which one of the following statement is not correct?
A. A' transfers a farm to 'B' for her life and if she does not desert her husband to 'C'. 'B' is entitled to the farm during her life as if no condition had been insisted
B. A' transfers Rs. 50,000 to 'B' on condition that he shall marry with the consent of 'C', 'D' and 'E'. 'B' marries without the consent of 'C', 'D' and 'E' but obtains their consent after marriage. The condition shall be deemed to be fulfilled as it has been substantially complied with
C. A living person can transfer the property to himself in present or in future
D. A vested interest is not defeated by the death of the transferee before he obtains possession
Select an option to see the answer and solution.
Which of the following is not an essential element of lease?
A. Party
B. Property
C. Partial Transfer
D. Complete Transfer
Select an option to see the answer and solution.
Choose the correct statement:
A. Tenancy at sufferance at the smallest interest which a person may probably get in a immovable property
B. Tenancy at sufferance may normally arise out of an agreement between the parties
C. Transfer or will of tenancy at sufferance is possible
D. None of the above
Select an option to see the answer and solution.
Redemption is the heart of mortgage' was observed by
A. Lord Develin
B. Lord Davey
C. Lord Halsbury
D. None of the above
Select an option to see the answer and solution.
Which one of the following may fall under 'Anomalous mortgage'?
A. Only mortgage usufructuary by conditional sale
B. Only simple usufructuary mortgage
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
In case of transfer of property the seller is:
A. Not entitled to rents and profits of the property till the ownership thereof passes to buyer
B. Is entitled to rents and profits of the property till the ownership thereof passes to buyer
C. Is entitled to rents or other profits
D. None of the above
Select an option to see the answer and solution.
An easement is extinguished-
A. Only when either the dominant or the servient heritage is completely destroyed
B. Only when the same person becomes entitled to the absolute ownership of the whole of the dominant and servient heritages
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Provisions for "determination of lease" for the purpose of the Transfer of Property Act, 1882, are contained in:
A. Section 107
B. Section 111
C. Section 112
D. Section 113
Select an option to see the answer and solution.
The principle of lis pendens embodied in Section 52 of the Transfer of Property Act pertains to
A. Bona fide purchase
B. Public policy
C. Auction sale
D. None of the above
Select an option to see the answer and solution.
Zuripeshgi lease bears a close resemblance to usufructuary mortgages, but are not mortgages:
A. Unless the lease is for the particular purpose
B. Unless the lease is for the purpose of securing a debt
C. Only (A) is correct
D. None of the above
Select an option to see the answer and solution.
Under Section 5 of Transfer of Property Act "Living Person" does include company also:
A. True
B. False
C. Company is not living person
D. Company cannot transfer its assets
Select an option to see the answer and solution.
The Transfer of Property Act, 1882 applies to transfer of property:
A. Made by act of parties
B. By operation of law
C. By a decree or order of a court of competent jurisdiction
D. In execution of a decree or order of a court of competent jurisdiction
Select an option to see the answer and solution.
Transfer of property in favour of an unborn person. When such person acquires interest in the property?
A. On birth
B. On attaining majority
C. On attaining age of twenty one years
D. In case of woman, after marriage
Select an option to see the answer and solution.
Consider the following statements regarding the distinction between lease and licence:
A. Only 2
B. 1, 3 and 4
C. 1 and 4
D. 2, 3 and 4
Select an option to see the answer and solution.
