Under the Transfer of Property Act, 1882, which of the following is classified as an interest in…
Under Section 3 of the Transfer of Property Act, 1882 read with Section 3(26) of the General Clauses Act, 1897 (and Section 2(6) of the Registration Act, 1908), immovable…
Choose your answer
Under the Transfer of Property Act, 1882, which of the following is classified as an interest in immovable property?
Answer and explanation
Correct answer B
Under Section 3 of the Transfer of Property Act, 1882 read with Section 3(26) of the General Clauses Act, 1897 (and Section 2(6) of the Registration Act, 1908), immovable property includes land, benefits to arise out of land, and things attached to the earth, and encompasses a right of way or other easement over immovable property. By contrast, a right to receive royalty, a right of worship, and a government promissory note are classified as movable property.
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