Where the mortgaged property is a lease and the mortgagor obtains a renewal of lease then,
A. The mortgagee shall not for the purpose of security, be entitled to new lease
B. The mortgagee shall for the purpose of security be entitled to new lease
C. Mortgagee shall not be entitled to new lease
D. Mortgagee shall be entitled to interest
Answer: Option B
Related Questions on Transfer of Property Act
A. Section 13
B. Section 14
C. Section 15
D. Section 16
Case of "Raj Kumar Kundu v. Mcqueen" is related to
A. Lis pendens
B. Part performance
C. Mortgage
D. Ostensible owner
A. Transfer by ostensible owner of the property for consideration
B. Transfer by owner of the property in which a widowhas life interest for maintenance
C. Both A and B
D. Neither A nor B
Which property cannot be transferred?
A. A public office
B. A mere chance to succeed
C. A mere right of re-entry
D. All of the above
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