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

Q61. In case of Mortgaged lease, if the mortgagee obtains a renewal of the lease, the mortgagor upon redemption:

(A) Shall not have the benefit of new lease
(B) Shall have the benefit of new lease
(C) Shall have the benefit of previous lease
(D) None of the above

Answer: Shall have the benefit of new lease

Q62. Which of the following is the time limit given under Section 17 of the Transfer of Property Act, 1882 ?

(A) Life of the transferee
(B) A period of 18 years from the date of transfer
(C) Either A or B whichever is longer
(D) Neither A nor B

Answer: A period of 18 years from the date of transfer

Q63. Sections 58(a) of the Transfer of Property Act defines-

(A) Mortgagor, mortgagee and mortgage money
(B) Mortgage mortgagor, mortgagee and mortgage deed
(C) Mortgage, mortgagor, mortgagee, mortgage money and mortgage deed
(D) Mortgage, mortgagor, mortgage money and mortgage deed

Answer: Mortgage, mortgagor, mortgagee, mortgage money and mortgage deed

Q64. Which of the following is true statement as regards actionable claim ?

(A) Non-transferable
(B) In some cases orally transferable
(C) Instrument is must
(D) None of the above

Answer: Instrument is must

Q65. Under the provisions of section 53 of the Transfer of Property Act, 1882, the relinquishment by one co-parcener in favour of another cannot be said to be a transfer unless:

(A) It is found to be a device to evade creditors
(B) It is found to be a device to evade debtors
(C) It is to be a device to evade the government policy
(D) None of the above

Answer: It is found to be a device to evade creditors

Q66. Under the Transfer of Property Act leases from month to month can be made:-

(A) By oral agreement only
(B) By oral agreement accompanied by delivery of possession only
(C) Either by a registered instrument or by oral agreement accompanied by delivery of possession
(D) By a registered instrument only

Answer: Either by a registered instrument or by oral agreement accompanied by delivery of possession

Q67. Which of the following statement is true with regard to Section 123 of the Transfer of Property Act, 1882 ?

(A) It provides an exception to Section 17(1)(a) of the Registration Act
(B) It is supplemental to Section 17(1)(a) of the Registration Act
(C) It provides an exception to Section 17(1)(b) of the Registration Act
(D) It is supplemental to Section 17(1)(b) of the Registration Act

Answer: It is supplemental to Section 17(1)(a) of the Registration Act

Q68. The provisions of section 106 of the Transfer of Property Act, 1882, were substituted by the Transfer of Property (Amendment) Act, 2002. This provision came into force with effect from

(A) 31st December, 2002
(B) 1st July, 2002
(C) 30th October, 2002
(D) 2nd July, 2003

Answer: 31st December, 2002

Q69. Within the meaning of Section 3 of the Transfer of Property Act, the immovable property does not include ?

(A) Only standing timber & grass
(B) Only standing timber, house and crops
(C) Only standing timber, growing crops or grass
(D) Only grass

Answer: Only standing timber, growing crops or grass

Q70. Section 51 of the Transfer of Property Act, 1882, does not apply to

(A) Court sale
(B) Auction sale
(C) Bid
(D) None of the above

Answer: Court sale