Property Law- III

As per section 122 of Transfer of Property Act, 1882, "gift" is the transfer of certain existing movable or immovable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee.

As per section 3 of Transfer of Property Act, 1882, where a person professes to transfer property or where the transfer is gratuitous, and the transferor has, before the election, died or otherwise become incapable of making a fresh transfer, and in all cases where the transfer is for consideration, to the charge of making good to the disappointed transferee, the amount or value of the property attempted to be transferred to him.

The transfer is invalid. As per section 59 of Transfer of Property Act, 1882, where the principal money secured is one hundred rupees or more, a mortgage other than a mortgage by deposit of title deeds can be affected only by a registered instrument signed by the mortgagor.

As per section 106 of Transfer of Property Act, 1882, a lease of immovable property for agricultural or manufacturing purposes shall be deemed to be a lease from year to year, terminable, on the part of either lessor or lessee, by six months' notice expiring with the end of a year of the tenancy.

A mere right of re-entry for breach of a condition subsequent cannot be transferred to anyone except the owner of the property affected thereby.

Options (1), (2) and (4) are incorrect.
Option (3) is correct: Under Section 58 of Transfer of Property Act, 1882, six types of mortgages are defined.

Options (1), (2) and (3) are incorrect: As per Section 5 of "transfer of property" means an act by which a living person conveys property, in present or in future, to one or more other living persons, or to himself and one or more other living persons; and "to transfer property" is to perform such act.
Hence Option (4) is correct: Transfer of property can be made to himself and one or more other living person.

Option (1) is correct: As per Section 3 of Transfer of Property Act, 1882, immovable property doesn’t include standing timber, growing crops or grass.

Option (2) is correct: The pendency of any suit or proceedings in any court having authority within the limits of India, the suit or proceedings are not collusive and in which any right to immovable property is directly and specifically in question, the property cannot be transferred by any party to the suit or proceeding so as to affect the rights of any other party thereto, under any decree or order which may be made therein, except under the authority of the court and on such terms as it may impose.

Option (1) is correct: According to Section 25 of Transfer of Property Act, 1882, an interest created on a transfer of property and dependent upon a condition fails if the fulfillment of the condition is impossible. Hence, the lease is void.

Options (2), (3) and (4) are incorrect: The lease cannot be executed at all and conditional transfer is not enforceable under law.

Option (1) is correct. According to Section 51 of Transfer of Property Act, 1882, when the transferee of immovable property has planted or sown on the property crops, believing in good faith that he is absolutely entitled thereto, and he is subsequently evicted there from by any person having a better title, the transferee has a right to require the person causing the eviction to have such crops and to free ingress and egress to gather and carry them.
Option (2) is incorrect: A is entitled to whole of the crops.
Option (3) is incorrect: A is not entitled to land in his favour.
Option (4) is incorrect: A is not entitled to an amount employee.

Option (1) is incorrect: It is an ingredient of English mortgage.
<span style="font-family:" arial;="" font-size:="" small;="">Option (2) is incorrect: It is an ingredient of English mortgage.
<span style="font-family:" arial;="" font-size:="" small;="">Option (3) is incorrect: It is an ingredient of English mortgage.
<span style="font-family:" arial;="" font-size:="" small;="">Option (4) is correct: Where the mortgagor delivers possession expressly or by implication binds himself to deliver possession of the mortgaged property to the mortgagee, and authorises him to retain such possession until payment of the mortgage-money, and to receive the rents and profits accruing from the property or any part of such rents and profits and to appropriate the same in lieu of interest or in payment of the mortgage-money, or partly in lieu of interest or partly in payment of the mortgage-money, the transaction is called a usufructuary mortgage.

Options (1) is correct: Section 56 of the Transfer of Property Act, 1882 deals with marshalling by subsequent purchaser. 

Options (1), (3) and (4) are incorrect
Option (2) is correct: As per Section 3 of transfer of property act, 1882 an "immovable property" does not include standing timber, growing crops or grass.