Transfer Of Property Act MCQ question and answer

1

A lease of immovable property from year to year or for any term exceeding one year or reserving a yearly rent, can be made only by

A) An ordinary instrument B) By unregistered instrument C) By registered instrument D) By written instrument

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Answer & Solution

Answer: Option C

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2

An unborn person acquires vested interest in property on transfer

A) Immediately on birth B) After attaining majority C) On attaining twenty-one years of age D) In case of female after marriage

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Answer & Solution

Answer: Option A

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3

Section 6 of Transfer of Property Act is related to

A) Transfer of Property B) Person competent to transfer C) What may be transferred D) None of the above

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Answer & Solution

Answer: Option C

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4

In case of transfer of property for the benefit of the, public which of the following restrictions shall not apply?

A) Rule against perpetuity B) Transfer to take effect on failure of prior interest C) Direction of accumulation D) All of the above

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Answer & Solution

Answer: Option D

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5

Legal subrogation occur in following ways:
(1) a puisne mortgagee redeeming a prior mortgage.
(2) a co-mortgagor's surety redeeming the mortgage.
(3) mortgagor's surety redeeming.
(4) a purchaser of the equity of redemption redeeming a mortgage.

A) Only (1) and (2) are relevant B) Only (3) and (4) are relevant C) Only (2) and (4) are relevant D) All are legal subrogations and all of (1), (2), (3) And (4) are relevant

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Answer & Solution

Answer: Option D

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6

A takes a loan of Rs. 5,000 from Band mortgages his house as security. In the mortgage deed, it was also mentioned that if he could not pay the amount within 5 years, then B will have right to sell the house and recover his amount. If the money could not be recovered from sale of house, then A will be personally liable. It is

A) Mortgage by conditional sale B) English mortgage C) Usufructuary mortgage D) Simple mortgage

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Answer & Solution

Answer: Option D

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7

Lease of a house for a term exceeding one year can be made

A) Only by registered instrument B) Oral agreement C) Either by oral agreement or by registered instrument D) None of these

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Answer & Solution

Answer: Option A

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8

Within the meaning of section 48 of the Transfer of Property Act, 1882, the transfer cannot prejudice the rights of the transferee by any subsequent dealing with the property. This self-evident proposition is expressed in

A) Equitable maxim qui prior est tempore potior est jure B) Quid pro co C) Bona fide transfer D) None of the above

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Answer & Solution

Answer: Option A

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9

Default in payment of interest by the mortgagor does not accelerates the mortgagee's right to foreclosure unless:

A) It is provided in the mortgage B) It is not provided in the mortgage C) Only (B) is correct D) None of the above

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Answer & Solution

Answer: Option A

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10

Within the meaning of section 51 of the Transfer of Property Act, 1882, the transferee:

A) Has lien on land for the value of improvements B) Has no lien on the land for the value of improvements C) Has condition lien on the land for the value of improvements D) None of the above

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Answer & Solution

Answer: Option B

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