For the purposes of the Transfer of Property Act, 1882, which of the following is not immovable property?
Under section 3(26) of the General Clauses Act, 1897, read with section 3 of the Transfer of Property Act, 1882, immovable property includes land, benefits arising out of…
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For the purposes of the Transfer of Property Act, 1882, which of the following is not immovable property?
Answer and explanation
Correct answer A
Under section 3(26) of the General Clauses Act, 1897, read with section 3 of the Transfer of Property Act, 1882, immovable property includes land, benefits arising out of land and things attached to the earth. A right of way, a right of fishery and the right to redeem a mortgage of land are rights in or arising out of land, so they are immovable property. "Royalty", a sum of money payable for the use of a right, is not.
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