Question

Under Transfer of Property Act where two or more persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transfer is called

Under Transfer of Property Act where two or more persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transfer is called

.

Option A: A transfer
Option B: An exchange
Option C: A lease
Option D: An eviction

Correct Answer

Option: b

Explanation

When two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transaction is called an ‘exchange’. A transfer of property in completion of an exchange can be made only in manner provided for the transfer of such property by sale.”

Sample Mock Tests for Practice

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 21 Q. NO. 801 TO 840)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 17 Q. NO. 641 TO 680)

THE COMMERCIAL COURTS ACT, 2015 (PAPER 01 Q. NO. 1 TO 12)

AIBE-XV-2021-I (BCI-JAN-2021-SET-C) (ALL INDIA BAR EXAM 2021-I)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 06 Q. NO. 176 TO 210)

UTTARAKHAND LOWER JUDICIAL SERVICES 2019

THE CONSUMER PROTECTION ACT, 1986 (PAPER 01 Q. NO. 1 TO 13)

AILET – National Law University Delhi Entrance Test (NLU 2019)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 22 Q. NO. 841 TO 870)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 15 Q. NO. 561 TO 600)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 04 Q. NO. 106 TO 140)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 08 Q. NO. 246 TO 280)

GUJRAT LOWER JUDICIAL SERVICES 2019

MADHYA PARDESH LOWER JUDICIAL SERVICES 2019-1

MADHYA PARDESH LOWER JUDICIAL SERVICES 1998

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 01 Q. NO. 1 TO 35)

THE HINDU ADOPTION AND MAINTENANCE ACT, 1956 (PAPER 01 Q. NO. 1 TO 30)

AILET – National Law University Delhi Entrance Test (NLU 2017)

THE LIMITATION ACT, 1963 (PAPER 02 Q. NO. 41 TO 80)

MADHYA PRADESH LOWER JUDICIAL SERVICES 2019(1)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 10 Q. NO. 316 TO 350)

THE LAW OF TORTS (PAPER 01 Q. NO. 1 TO 45)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 09 Q. NO. 281 TO 315)

AILET – National Law University Delhi Entrance Test (NLU 2021)

AIBE-XII-2018-I (BCI-JUN-2018-SET-A) (ALL INDIA BAR EXAM 2018-I)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 05 Q. NO. 161 TO 200)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 03 Q.NO. 81 TO 120)

THE MUSLIM PERSONAL LAWS (PAPER 01 Q. NO. 1 TO 29)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2019

AILET – National Law University Delhi Entrance Test (NLU 2013)

THE LAW OF TORTS (PAPER 04 Q. NO. 136 TO 180)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 08 Q.NO. 281 TO 320)

HARYANA LOWER JUDICIAL SERVICES 2021

The Hindu Marriage Act, 1955 (Paper 01: Q. 1 to 25)