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Money Supply

Transfer of P...

Question

Transfer of Property Act $1882$ covers ______________.

A

movable property

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B

immovable property

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C

both (a) and (b)

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D

none of the above

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Solution

The correct option is B immovable property
The Transfer of Property Act 1882 covers immovable property which a living person conveys in present or in future to one or more other living persons.
The term immovable property includes land, things attached to the land, or the things that are permanently fastened to the things attached to the land.
Hence, the correct answer is B.

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Q. PRINCIPLE: Under the Transfer of Property Act, 1882 a property must be transformed by one living person to another living person. The Act deals only with transfer of property between living persons.
FACTS: 'X' wants to transfer his property to the presiding deity in a temple situated within the estate of 'A'.

Q. DIRECTIONS: (Qs. 92-97)Given below/ a statement of principle followed by a failual situation. Apply the principle to the faile given below and dselect the most appropriate answer
Principle Under the Transfer of Property Act, 1882 a property must be transferred , by one living person to another living person. The Act deals only with transfer of property between living persons.
Facts 'X' wants to transfer his property to the presiding deity in a temple situated within the estate of 'A'.

Q. As provided in Section 1(4) of the Information Technology Act, 2000, the provisions of the Information Technology Act, 2000 shall not apply to certain documents. They are___.
(W) Execution of Negotiable Instrument like cheques
(X) Execution of a Power of Attorney under the Powers of Attorney Act, 1882
(Y) Creation of Trust under Indian Trust Act, 1882
(Z) Contract for the sale of conveyance of movable property

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