1. Under the Transfer of Property Act, 1882, which of the following is NOT considered a transfer of property?
A. Sale
B. Mortgage
C. Lease
D. Partition
Answer: D. Partition
Explanation:
Under Section 5 of the Transfer of Property Act, 1882, transfer of property refers to conveyance of property by one living person to another. Partition does not transfer ownership but merely separates existing rights of co-owners.
2. Under Section 54 of the Transfer of Property Act, a sale of immovable property of value ₹100 or more can be made only by:
A. Oral agreement
B. Registered instrument
C. Delivery of possession
D. Written but unregistered agreement
Answer: B. Registered instrument
Explanation:
According to Section 54, Transfer of Property Act, a sale of immovable property valued ₹100 or more must be made through a registered instrument.
3. Which of the following rights cannot be transferred under the Transfer of Property Act?
A. Right to future maintenance
B. Right to collect rent
C. Right of easement
D. Right to enjoy property
Answer: A. Right to future maintenance
Explanation:
Under Section 6 of the Transfer of Property Act, the right to future maintenance is a personal right and cannot be transferred.
4. The doctrine of “Lis Pendens” is provided under which section of the Transfer of Property Act?
A. Section 41
B. Section 43
C. Section 52
D. Section 53
Answer: C. Section 52
Explanation:
Section 52 incorporates the Doctrine of Lis Pendens, which means that property cannot be transferred during the pendency of a suit affecting rights in that property.
5. A mortgage where the mortgagor delivers possession of the property to the mortgagee is called:
A. Simple Mortgage
B. Usufructuary Mortgage
C. Mortgage by Conditional Sale
D. English Mortgage
Answer: B. Usufructuary Mortgage
Explanation:
Under Section 58(d) of the Transfer of Property Act, in a usufructuary mortgage, the mortgagor gives possession to the mortgagee who can enjoy rents and profits instead of interest or principal
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