Transfer Of Property Act - Study Mode

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[#831] Under the Transfer of Property Act, an unborn person acquires vested interest on transfer for his benefit:

(A) Upon his birth

(B) 7 days after his birth

(C) 12 days after his birth

(D) None of these

Correct Answer

(A) Upon his birth

[#832] A' entered into an agreement with 'B' to sell immovable property of the former for consideration and 'B' was put in possession of the property. Both parties had signed the agreement. The agreement had not been registered under the Indian Registration Act. In a suit between the parties, 'B' claimed the benefit of Section 53A of the Transfer of Property Act. Whether his claim is maintainable?

(A) Yes, it is maintainable

(B) No, it is not maintainable since the agreement was not registered

(C) No, since the sale deed was not executed

(D) None of the above

Correct Answer

(A) Yes, it is maintainable

[#833] Match List-I with List-II and select correct answer using the given below the lists- List-I List-II a. Holding over 1. Mortgage b. Universal done 2. Gift c. Redemption 3. Lease d. Purchaser 4. Sale

(A) a-3, b-2, c-1, d-4

(B) a-2, b-3, c-4, d-1

(C) a-4, b-1, c-2, d-3

(D) a-1, b-4, c-3, d-2

Correct Answer

(A) a-3, b-2, c-1, d-4

[#834] The rules against perpetuity do not apply to which of the following?

(A) Movable properties

(B) Charities

(C) Immovable properties

(D) All of the above

Correct Answer

(B) Charities

[#835] 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

Correct Answer

(B) Mortgage by conditional sale