Transfer Of Property Act MCQ question and answer

71

Which statement is not correct about mortgage?

A) It is a transfer of interest in specific immovable property B) There is a transfer of ownership in mortgage C) Consideration is an essential element in mortgage D) There are six types of mortgages in Transfer of Property Act, 1882

Discuss

Answer & Solution

Answer: Option B

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72

Which one of the following statements is incorrect according to the Transfer of Property Act?

A) A transfer of property is made by the act of the parties B) A transfer of property is usually made by one living person to another living person C) A transfer of property can be made even without writing where writing is not expressly required by law D) A transfer of property can be made where transfer will operate only after the death of the transferor

Discuss

Answer & Solution

Answer: Option D

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73

Under Section 3 of Transfer of Property Act an instrument is defined as

A) A testamentary instrument B) A non testamentary instrument C) An officialdocument D) All of them

Discuss

Answer & Solution

Answer: Option B

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74

A lease is terminated by

A) Merger B) Forfeiture C) Surrender D) All of these

Discuss

Answer & Solution

Answer: Option D

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75

Doctrine of "Lis Pendens" is given under which section of the Transfer of Property Act

A) 41 B) 52 C) 53 D) 53A

Discuss

Answer & Solution

Answer: Option B

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76

A' lets a house to 'B' for five years. 'B' underlets the house to 'C' at a monthly rent of Rs. 1000/-. The five years expire, but 'C' continues in possession of the house and pays the rent to 'A'. The lease of 'C':

A) Is renewed for a further period of five years B) Is renewed from month to month C) Is terminable at any time D) Is renewed from year to year

Discuss

Answer & Solution

Answer: Option B

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77

What is the default interest payable under section 63 and 63 A of the Transfer of Property Act, 1882?

A) 8% per annum B) 9% per annum C) 10% per annum D) Interest rate is not mentioned in the sections

Discuss

Answer & Solution

Answer: Option B

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78

In case of usufructuary mortgage, the mortgagee:

A) Is delivered the possession of the mortgaged property but not authorised to appropriate the rents and profits accruing from the property B) Is authorized to appropriate the rents and profits accruing from the property, but not delivered the possession of the property C) Is delivered the possession and is authorized to appropriate the rents and profits accruing from the property D) Is not delivered the possessionof the mortgaged property but has the right to sell that property to recover the money he advanced

Discuss

Answer & Solution

Answer: Option C

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79

Transfer of immovable property by way of gift not comprises necessary element is:

A) Donor and Donee B) Acceptance by or on behalf of the donee C) By way of registered deed attested by at least two witnesses D) Only delivery of the property

Discuss

Answer & Solution

Answer: Option D

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80

For valid attestation of an instrument under the Transfer of Property Act, 1882, it is necessary that

A) Each attesting witness must see the executant sign the instrument or affix his mark B) The executant must see the attesting witness signing the instrument C) Each attesting witness must sign the instrument in the presence of the executant D) All of the above

Discuss

Answer & Solution

Answer: Option D

Solution:

Under the Transfer of Property Act, 1882, for valid attestation of an instrument, all of the conditions mentioned in Options A, B, and C must be fulfilled:

Option A: "Each attesting witness must see the executant sign the instrument or affix his mark" - This ensures that the witnesses observe the act of signing or marking by the executant.
Option B: "The executant must see the attesting witness signing the instrument" - This ensures that the executant confirms the presence and signing of the witnesses.
Option C: "Each attesting witness must sign the instrument in the presence of the executant" - This ensures that the witnesses sign in the presence of the executant.

Therefore, for valid attestation of an instrument under the Transfer of Property Act, 1882, all of these conditions must be satisfied, making the correct answer Option D: All of the above.

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