Transfer Of Property Act MCQ question and answer | Law MCQ question
Transfer Of Property Act MCQ question and answer with easy explanations in Law MCQ. Transfer Of Property Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-9 section-5
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Transfer of Property Act .
Within the meaning of section 118 of the Transfer of Property Act, 1882 when two or more persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transaction is called:
The following are some postulates as sine qua non for basing a claim on section 53A of the Transfer of Property Act, 1882
(1) The contract should have been in writing signed by transferor.
(2) Transferee should have got possession of the immovable property covered by contract.
(3) Transferee should have done some act in furtherance of contract.
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-