Transfer Of Property Act MCQ question and answer

61

A lease of immovable property from year to year or exceeding one year can be made:

A) Only before Notary B) Valid if executed before Magistrate C) Agreements made by parties will be effective D) Only by a registered instrument

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Answer & Solution

Answer: Option D

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62

Within the meaning of the provisions of section 61 of the Transfer of Property Act, 1882, a mortgagor who has executed two or more mortgages in favour of the same mortgagee, and when the principal money of any two or more of the mortgages has become due:

A) Shall not be entitled to redeem anyone such mortgage separately or any two or more of such mortgages together B) Shall be entitled to redeem anyone such mortgage separately or any two or more of such mortgagee together C) Only (A) is currect answer D) None of the above

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Answer & Solution

Answer: Option B

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63

These are some requisites of an equitable mortgage:
(1) a debt
(2) a deposit of title deeds
(3) an intention that the deeds shall be security for the debt

A) Only (1) is relevant requisite B) Only (2) is relevant requisite C) Only (3) is relevant requisite D) All are relevant requisites

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Answer & Solution

Answer: Option D

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64

Which of the following is not an actionable claim?

A) Lottery tickets B) Beneficial interest in movable property which is in possession of claimant C) Life insurance policy D) Claim for arrears of rent

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Answer & Solution

Answer: Option B

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65

Section 81 of the Transfer of Property Act, 1882 contains provisions relating to-

A) Marshalling, securities B) Contribution to mortgage-debt C) Subrogation D) Tacking of securities

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Answer & Solution

Answer: Option A

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66

These are some characteristics of a usufructuary mortgage under section 58 of the Transfer of Property Act, 1882
(1) There is no personal liability on the mortgagor.
(2) No time limit is fixed.
(3) Mortgagee takes the whole or part of the rent and profits.

A) Only (3) is relevant B) Only (2) is relevant C) Only (1) is relevant D) All are relevant

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Answer & Solution

Answer: Option D

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67

Whether a judgment in a suit between A and B that holds that A had purchased the immovable property from B:

A) Is judgment in personam B) Is judgment in rem C) Is neither judgment in rem nor in personam D) Is binding on all third persons unconnected with the suit who could have filed an appeal after obtaining leave to appeal

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Answer & Solution

Answer: Option A

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68

What kind of transfer may be made orally?

A) Gift of immoveable property B) Transfer of actionable claim C) Sale of immoveable property of value upward Rs. 100 D) Surrender of lease

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Answer & Solution

Answer: Option D

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69

From the following who cannot sue for redemption of the mortgaged property:

A) The mortgagor B) The mortgagee C) Surety for the payment of the mortgage-debt D) Creditor of the mortgagor who has in a suit for the administration of his estate obtained a decree for sale of the mortgaged property

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Answer & Solution

Answer: Option B

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70

Which one of the following is not an immovable property?

A) Right to ferry B) A decree which gives right to sale the immovable property of husband C) Life interest of widow in the income of immovable property of her husband D) Right to receive annual payment from any village

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Answer & Solution

Answer: Option B

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Transfer Of Property Act MCQ question and answer | Law MCQ question