Transfer Of Property Act - Study Mode

[#136] A suit to obtain a decree that a mortgage or shall be absolutely debarred of his right to redeem the mortgaged property is called a suit for . . . . . . . . under the Transfer of Property Act, 1882.
Correct Answer

(C) Foreclosure

[#137] Tangible immovable property of value of this amount or upward, can be transferred only by a registered instrument:
Correct Answer

(A) Rs. 100

[#138] If there are several purchasers, the seller is not concerned with the proportion to be paid by each, but he has a charge on the whole property:
Correct Answer

(A) For unpaid purchase money

[#139] Which out of the following is not a kind of mortgage?
Correct Answer

(D) Subrogation

[#140] . . . . . . . is defined as a security for repayment of a loan.
Correct Answer

(B) Mortgage