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
  1. not have the benefit of new lease

  2. have the benefit of new lease

  3. have the benefit of previous lease

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The mortgager will have the benefit of new lease in this case. Thus, (2) is the correct option. The previous lease has already expired. Thus, (3) cannot be the correct option. (1) is incorrect because such benefits are applicable.

Multiple choice
  1. Both (A) and (R) are true, and (R) is the correct explanation of (A).

  2. Both (A) and (R) are true, but (R) is not the correct explanation of (A).

  3. (A) is true, but (R) is false.

  4. (A) is false, but (R) is true.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Ownership, if condition subsequent, is not vested ownership. Possession and ownership differ in their mode of acquisition.

Multiple choice
  1. chances of succeeding to hereditary property

  2. chances of succeeding to property of another

  3. Both (1) and (2)

  4. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

As per Section 6 of act, it means to have chances of succeeding to hereditary property. It is not the property of another person. Thus option (1) is the correct answer.

Multiple choice
  1. Valid, since ‘S’ interest is heritable

  2. Invalid, since ‘S’'s interest is contingent

  3. Invalid, since settlement deed is vague

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The claim of S is contingent. Its validity depends upon the life of A. Thus (2) is correct option.

Multiple choice
  1. a transfer of property may be made without writing in every case

  2. a transfer of property is subject to only writing

  3. no provision of oral transfer is made

  4. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The property may be transferred without writing in every case where writing is not expressly required by law. Thus (1) is correct. So, option (2) is incorrect which specifies only written transfers. Option (3) is incorrect as there are oral provisions of transfer.

Multiple choice
  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. Neither 1 nor 2

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When the right, interest, or title to the present or future possession of a legal estate can be transferred to any other party, it is termed as vested interest. A contingent right is a right that depends on a future event or the performance of an action.

Multiple choice
  1. one's own property

  2. a property of someone else

  3. property situated in a foreign country

  4. property situated in one’s own country

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It referred to the rights which one could have over someone else's property.

Multiple choice
  1. long adverse possession confers title even to a property which originally belonged to another

  2. in all cases, possession leads to ownership

  3. transfer of possession is not a mode of transferring ownership

  4. long possession does not confer title to the property which originally belonged to government

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When a question of party's possession and control of personal property or its use is in issue, proof of his ownership at the time in question implies that it was in his possession or that he had the right of possession and control.

Multiple choice
  1. property in goods passes to the bailee at the time of contract

  2. property in goods passes to the bailee upon the payment of the last installment

  3. property in goods can pass to the bailee at any time after the contract

  4. none of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bailment transfers possession, not ownership. The bailee never gains property rights - only temporary custody for a specific purpose. Options A, B, and C all incorrectly suggest property transfer. Option D correctly rejects all these false statements.

Multiple choice
  1. property in goods passes to the bailee at the time of contract

  2. property in goods passes to the bailee upon the payment of the last installment

  3. property in goods can pass to the bailee at any time after the contract

  4. property in goods does not pass to the bailee and instead there is transfer of possession of goods takes place from bailor to the bailee for a specific reason

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bailment involves the transfer of possession, not ownership or property. When goods are bailed, the bailee receives possession for a specific purpose and must return them, but ownership remains with the bailor. Options A, B, and C are incorrect because bailment never involves transfer of property - it is specifically about temporary transfer of possession for a particular reason.

Multiple choice
  1. retain possession

  2. regain possession

  3. remove possession

  4. recharge possession

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Right of lien is the right to RETAIN possession of goods or property belonging to another until a debt or charge is paid. It is not about regaining possession (that would be recovery) or removing possession. The key feature is continuing to hold something you already lawfully possess.

Multiple choice
  1. deliver the goods

  2. retain the possession

  3. regain the possession

  4. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A right of lien allows a person to retain possession of goods belonging to another until a debt or charge is paid. It does not involve delivering goods or regaining possession, but specifically keeping what one already possesses until the obligation is fulfilled.