Under the Transfer of Property Act, 1882, the rents and profits of the immovable property, from the…
In the absence of a contract to the contrary, section 55(4)(a) entitles the seller to rents and profits until ownership passes to the buyer. An agreement to sell does not…
Choose your answer
Under the Transfer of Property Act, 1882, the rents and profits of the immovable property, from the date of agreement till the ownership passes to the buyers, go to
Answer and explanation
Correct answer D
In the absence of a contract to the contrary, section 55(4)(a) entitles the seller to rents and profits until ownership passes to the buyer. An agreement to sell does not itself transfer ownership. Accordingly the default entitlement during the interval stated is the seller’s, rather than an automatic equal division or entitlement based solely on an advance payment.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Maharashtra Judicial Services
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision