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Transfer of Property Act - Key Provisions

Test your knowledge of key provisions in the Transfer of Property Act, 1882 including transfers, gifts, leases, mortgages, and charges

20 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

Under Section 5 of Transfer of Property Act, does 'Living person' include company?

  1. True
  2. False
  3. Company is not a living person.
  4. Company cannot transfer its assets.
Question 2 Multiple Choice (Single Answer)

Termination of lease of immovable property shall be in which of the following manners?

  1. By oral intimation
  2. By written notice
  3. By sending agent
  4. By telephonic intimation
Question 3 Multiple Choice (Single Answer)

A transfer can be made in favour of an unborn person.

  1. Yes, by machinery of trust.
  2. Yes
  3. Guardian has got to be appointed first.
  4. None of these
Question 4 Multiple Choice (Single Answer)

Transferee of the part performance has right to protect his possession.

  1. Wrong
  2. Right can accrue only after payment of full consideration.
  3. Right
  4. Delivery of possession is not necessary.
Question 5 Multiple Choice (Single Answer)

When does an unborn person acquire vested interest on transfer?

  1. As soon as he is born
  2. On attaining majority
  3. On attaining 21 years
  4. After marriage, if female
Question 6 Multiple Choice (Single Answer)

Transfer of actionable claim has exception under Section130 Transfer of Property Act.

  1. It does not apply to transfer of life insurance policy.
  2. It does not apply to the transfer of marine or fire policy.
  3. It does not apply to vehicle insurance policy.
  4. None of these
Question 7 Multiple Choice (Single Answer)

What kind of transfer may be made orally?

  1. Gift of immoveable property
  2. Transfer of actionable claim
  3. Sale of immoveable property of value upward Rs. 100
  4. Surrender of lease
Question 8 Multiple Choice (Single Answer)

Gift comprising of future property is valid.

  1. Right
  2. Wrong
  3. Gift property may be provided in future to validate it.
  4. Future gift will only be valid if donee accepts it.
Question 9 Multiple Choice (Single Answer)

Provisions of Transfer of property Act shall be applicable

  1. where property is transferred in execution of decree of the court
  2. where the property of insolvent vests in Receiver by the order of the court
  3. where the property is transferred by the act of parties
  4. to intestate succession
Question 10 Multiple Choice (Single Answer)

A mortgagor who has executed two or more mortgagees in favour of the same mortgagee in absence of contract to the contrary

  1. is bound to redeem all such mortgages together
  2. is not entitled to redeem any one such mortgage separately
  3. is bound to redeem at least two such mortgages together
  4. be entitled to redeem any one such mortgage separately or any two or more of such mortgages together
Question 11 Multiple Choice (Single Answer)

For applicability of doctrine of Lis Pendens the property should be

  1. movable
  2. immovable
  3. both movable and immovable
  4. None of these
Question 12 Multiple Choice (Single Answer)

To be competent to transfer property it is not essential that

  1. person be major
  2. person be sound mind
  3. person is competent to contract
  4. transferable property of his own
Question 13 Multiple Choice (Single Answer)

Provision of longer period in the matter of accumulation of property under Section 17 of the Transfer of Property Act, 1882 amounts to

  1. 18 years
  2. 20 years
  3. 22 years
  4. 25 years
Question 14 Multiple Choice (Single Answer)

For the purpose of making a gift of immoveable property the transfer must be affected

  1. by delivery of possession
  2. by a registered instrument signed by or on behalf of the donor and duly attested
  3. by simple instrument
  4. by simple instrument accompained by delivery of possession
Question 15 Multiple Choice (Single Answer)

What kind of property is transferable?

  1. Right to re-entry
  2. Public Office
  3. Any kind of property if not prohibited by law
  4. Pension
Question 16 Multiple Choice (Single Answer)

Under the Transfer of Property Act, 1882, the condition restraining alienation is provided in

  1. Section 10
  2. Section 9
  3. Section 8
  4. Section 7
Question 17 Multiple Choice (Single Answer)

'Attested' in relation to an instrument means and shall be deemed always to have been attested by at least

  1. one witness
  2. two witnesses
  3. three witnesses
  4. four witnesses
Question 18 Multiple Choice (Single Answer)

Where writing is not expressly required by law, a transfer of property may be made orally.

  1. False
  2. Transfer can only be made by writing
  3. With consent of parties oral transfer can be done
  4. True
Question 19 Multiple Choice (Single Answer)

Under the Transfer of property Act, 1882, a charge may be created by

  1. act of the parties
  2. process of law
  3. presumption
  4. acts of parties and process of law
Question 20 Multiple Choice (Single Answer)

The term subrogation is used in the Transfer of Property Act in relation to

  1. sale
  2. mortgage
  3. lease
  4. None of these
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