Transfer of Property Act, 1882: Chapter 1 Quiz

Section 5 defines 'Transfer of property.'

Persons competent to transfer are defined in Section 7.

Section 10 deals with conditions restraining alienation.

<p>Section 13 deals with transfer for the benefit of unborn persons.</p> Signup and view all the answers

<p>Section 25 addresses conditional transfers.</p> Signup and view all the answers

<p>Transfer conditional on performance of act, no time being specified for performance.</p> Signup and view all the answers

<p>Part performance refers to the fulfillment of certain obligations under a transfer, which may not be complete but substantial enough to warrant legal recognition.</p> Signup and view all the answers

<p>When a subsequent purchaser intervenes, marshalling becomes relevant to determine the order of applying assets towards satisfying obligations.</p> Signup and view all the answers

<p>Usufructuary mortgage involves the transfer of the property's possession to the mortgagee, allowing them to enjoy the property's income or profits until the debt is repaid.</p> Signup and view all the answers

<p>The term refers to the process of clearing any encumbrances or claims on the property when it is being sold.</p> Signup and view all the answers

<p>The definition of 'Sale' in the context of immovable property is defined within the text.</p> Signup and view all the answers

<p>The text defines the concept of 'Simple mortgage' in the section related to mortgages of immovable property and charges.</p> Signup and view all the answers

<p>The text outlines the rights and liabilities of the buyer and seller in the context of a 'Contract for sale.'</p> Signup and view all the answers

<p>The text provides the definition and details of 'Usufructuary mortgage' within the section on mortgages of immovable property and charges.</p> Signup and view all the answers

<p>The text contains a provision made by the Court for incumbrance and sale freed therefrom.</p> Signup and view all the answers