Under section 100 of the Transfer of Property Act, 1882, by what means can a charge on immovable…
Section 100 recognises a charge where immovable property is made security for payment by act of the parties or by operation of law, in a transaction that does not amount to…
Choose your answer
Under section 100 of the Transfer of Property Act, 1882, by what means can a charge on immovable property arise?
Answer and explanation
Correct answer C
Section 100 recognises a charge where immovable property is made security for payment by act of the parties or by operation of law, in a transaction that does not amount to a mortgage.
Option feedback
Option A
Section 100 also recognises charges arising by operation of law.
Option B
Section 100 also recognises charges created by the parties.
Option C
Section 100 expressly recognises both means.
Option D
A charge makes the property security for payment. It does not require transferring ownership to the creditor.
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