Law Legal Studies

Property and Trust Law

1,863 Questions

Property and trust law covers ownership rights, leases, adverse possession, and the transfer of assets. These legal principles are fundamental for judiciary exams, UPSC, and state PSCs. Practice these questions to understand property rights and related legal procedures thoroughly.

Adverse possession principlesFee simple absolute ownershipMesne profits legal codeHOA community regulationsReal estate appraisal rules

Property and Trust Law Questions

Multiple choice

Immovable property does not include

  1. building

  2. land

  3. standing timber

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Section 3 of the Transfer of Property Act, "Immovable Property" does not include standing timber, growing crops or grass.

Multiple choice

Transfer of property and transfer of possession

  1. are two different things

  2. are the same thing

  3. vary marginally

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct: These are two separate things. A property may be transferred, but possession may not be and vice versa.

Multiple choice

A contract of bailment is different from sale as it involves

  1. transfer of ownership and possession

  2. transfer of ownership only

  3. transfer of possession only

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (3) is correct: There is no transfer of ownership in case of bailment. It involves transfer of possession only.

Multiple choice

Which one of the following properties is not liable to be attached and sold in execution of decree?

  1. Government Securities

  2. Promisory Notes

  3. Books and Accounts

  4. Bonds
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under Section 60 of the CPC, certain properties are exempt from attachment and sale in execution of a decree. Books of account and professional tools are protected to ensure the judgment debtor can continue their livelihood and maintain necessary records.

Multiple choice

Legatee is

  1. an embassy

  2. an ambassador

  3. the one who makes a will

  4. the inheritor of a legacy
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A legatee is a person who receives a legacy or bequest from a will.

Multiple choice

The contract of bailment is different from sale as it involves

  1. transfer of ownership and possession

  2. transfer of ownership only

  3. transfer of possession only

  4. transfer of none
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (3) is correct: The contract of bailment is different from sale as bailment includes transfer of possession only whereas sale includes transfer of ownership and possession both.

Multiple choice

Transfer of property for the benefit of an unborn person can be made by

  1. creation of a prior interest in favour of a living person for any period

  2. vesting the right directly to the unborn

  3. creation of a prior interest in favour of a living person till the existence of the unborn person

  4. either the unborn or a living person
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (3) is correct. U/s 13 of Transfer of Property Act, 1882, transfer of property for the benefit of an unborn person can be made by creating a prior interest in favour of a living person till the existence of the unborn person.

Multiple choice

A court to which decree has been transferred for execution, while executing, cannot

  1. order attachment

  2. execute the decree against the legal representatives of the deceased judgment debtor

  3. send the decree for execution to another court

  4. order execution at the instance of the transferee of the decree
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Option (4) is correct: A court to which decree has been transferred for execution, while executing, cannot order execution at the instance of the transferee of the decree.

Multiple choice

The general principle regarding the transfer of title is that the seller

  1. can transfer to the buyer of goods a better title than he himself has

  2. cannot transfer to the buyer of goods a better title than he himself has

  3. can transfer to the buyer of goods no title than he himself has

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Option (2) is correct: Where goods are sold by a person who is not the owner thereof and who does not sell them under the authority or with the consent of the owner, the buyer acquires no better title to the goods than the seller had.