Transfer Of Property Act Law 100 GK MCQ SET:-1

Q21. 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

Answer: There is a transfer of ownership in mortgage

Q22. 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

Answer: A transfer of property can be made where transfer will operate only after the death of the transferor

Q23. 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

Answer: A non testamentary instrument

Q24. A lease is terminated by

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

Answer: All of these

Q25. Doctrine of “Lis Pendens” is given under which section of the Transfer of Property Act

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

Answer: 52

Q26. 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

Answer: Is renewed from month to month

Q27. 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

Answer: 9% per annum

Q28. 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

Answer: Is delivered the possession and is authorized to appropriate the rents and profits accruing from the property

Q29. 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

Answer: Only delivery of the property

Q30. 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

Answer: All of the above