Transfer Of Property Act - Practice Test

[#871] A condition converting a mortgage into a sale is invalid as a clog on the equity of redemption. This was affirmed in case of:

(A) Gangadhar v. Shankarlal, AIR 1958 SC 77

(B) Ramlochan Singh v. Pradip Singh, AIR 1959 Pat 230

(C) Banarsilal v. Purnachand, AIR 1985 P&H 189

(D) None of the above

Correct Answer

(A) Gangadhar v. Shankarlal, AIR 1958 SC 77

[#872] Where the mortgagor binds himself to repay the mortgage-money on a certain date and transfers the mortgaged property absolutely to the mortgagee subject to condition that the mortgagee will re-transfer it to the mortgagor upon payment of the mortgage-money, the transaction is called-

(A) Simple mortgage

(B) Usufructuary mortgage

(C) English mortgage

(D) Anomalous mortgage

Correct Answer

(C) English mortgage

[#873] Which of the following is nearest to meaning of the phrase 'English mortgaged' as defined by the Transfer of Property Act, 1882?

(A) Where on payment of certain sum by the mortgagee the property passes to him

(B) Where there are two sales made, one at the start of mortgage with the condition that after the mortgage amount is paid back, the property will sold back

(C) Where the mortgagee gets the possession of the property with the rights of profits, rents etc.

(D) Where the mortgage is made by submitting the title deed

Correct Answer

(B) Where there are two sales made, one at the start of mortgage with the condition that after the mortgage amount is paid back, the property will sold back

[#874] Chapter VII of the Transfer of Property Act, 1882 does not apply to transfer of property under

(A) Christian Law

(B) Parsi law

(C) Mohammedan Law

(D) Hindu Law

Correct Answer

(C) Mohammedan Law

[#875] In case of transfer of property under the Transfer of Property Act, 1882, if the ulterior disposition is not valid then

(A) The prior disposition is affected by it

(B) The prior disposition is not affected by it

(C) No such condition is prevailed under the Transfer of Property Act, 1882

(D) None of the above

Correct Answer

(B) The prior disposition is not affected by it

Transfer Of Property Act - Study Mode

[#871] A condition converting a mortgage into a sale is invalid as a clog on the equity of redemption. This was affirmed in case of:

Correct Answer

[#872] Where the mortgagor binds himself to repay the mortgage-money on a certain date and transfers the mortgaged property absolutely to the mortgagee subject to condition that the mortgagee will re-transfer it to the mortgagor upon payment of the mortgage-money, the transaction is called-

Correct Answer

[#873] Which of the following is nearest to meaning of the phrase 'English mortgaged' as defined by the Transfer of Property Act, 1882?

Correct Answer

[#874] Chapter VII of the Transfer of Property Act, 1882 does not apply to transfer of property under

Correct Answer

[#875] In case of transfer of property under the Transfer of Property Act, 1882, if the ulterior disposition is not valid then

Correct Answer