No transfer of property can operate to create an interest which is to take effect after the lifetime of one or more persons living at the date of such transfer. This provision is covered under the:

Option A: rules against prospective transfer

Option B: rules against restrictive transfer

Option C: rules against perpetuity

Option D: None of the above

Correct Answer

Option: c

Explanation

Rule against perpetuity.—No transfer of property can operate to create an interest which is to take effect after the lifetime of one or more persons living at the date of such transfer, and the minority of some person who shall be in existence at the expiration of that period, and to whom, if he attains full age, the interest created is to belong

Sample Mock Tests for Practice

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 13 Q. NO. 481 TO 520)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 07 Q. NO. 241 TO 280)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 21 Q. NO. 801 TO 840)

THE TRADE MARKS ACT, 1999 (PAPER 01 Q. NO. 1 TO 8)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 01 Q.NO. 1 TO 40)

THE HINDU SUCCESSION ACT, 1956 (PAPER 02 Q. NO. 36 TO 65)

CLAT 2014

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 08 Q. NO. 281 TO 320)

THE MAHARASHTRA RENT CONTROL ACT, 1999 (PAPER 01 Q. NO. 1 TO 15)

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 04 Q.NO. 121 TO 160)

THE LIMITATION ACT, 1963 (PAPER 07 Q. NO. 241 TO 269)

THE WILD LIFE PROTECTION ACT, 1972 (PAPER 01 Q. NO. 1 TO 25)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 11 Q. NO. 401 TO 440)

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

THE HIMACHAL PRADESH URBAN RENT CONTROL ACT, 1987 (PAPER 01 Q. NO. 1 TO 30)

BIHAR LOWER JUDICIAL SERVICES EXAM 2020

THE HINDU MARRIAGE ACT, 1955 (PAPER -3 Q. NO. 51 TO 75)

DELHI LOWER JUDICIAL SERVICES 2018-2

AILET – National Law University Delhi Entrance Test (NLU 2020)

THE LIMITATION ACT, 1963 (PAPER 01 Q. NO. 1 TO 40)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 15 Q. NO. 561 TO 600)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 11 Q. NO. 401 TO 440)

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

RAJASTHAN LOWER JUDICIAL SERVICES 2011

THE LIMITATION ACT, 1963 (PAPER 05 Q. NO. 161 TO 200)

AIBE-XIII-2018-II (BCI-DEC-2018-SET-A) (ALL INDIA BAR EXAM 2018-II)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2007-2

JHARKHAND LOWER JUDICIAL SERVICES 2019

MAHARASHTRA LOWER JUDICIAL SERVICES 2022

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 13 Q. NO. 481 TO 520)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 09 Q. NO. 321 TO 360)

NLU 2015

THE INDIAN FORESTS ACT, 1927 (PAPER 01 Q. NO. 1 TO 43)

THE ARBITRATION AND CONCILIATION ACT, 1996 (PAPER 04 Q. NO. 91 TO 116)

THE MADHYA PRASESH LAND REVENUE CODE, 1959 (PAPER 02 Q. NO. 31 TO 44)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 13 Q. NO. 421 TO 455)