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Under the Transfer of Property Act, 1882, A has let a house at a rent of Rs. 100 payable on the last…

Section 36 apportions periodical payments like rent from day to day between the transferor and transferee according to their period of ownership, so with the sale on 15 June…

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Under the Transfer of Property Act, 1882, A has let a house at a rent of Rs. 100 payable on the last date of each month. A sells the house to B on the 15th of June. On 30th June what will be the apportionment?

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Correct answer C

Section 36 apportions periodical payments like rent from day to day between the transferor and transferee according to their period of ownership, so with the sale on 15 June and rent due for the full month on 30 June, A and B would each get half, not the whole sum or an exemption for the tenant.

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