New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In a transaction of sale, to which of the following a

    buyer is not entitled?
    A to the benefit of any improvement in property Correct Answer Incorrect Answer
    B increase in value of the property Correct Answer Incorrect Answer
    C to the rents and profits of property Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    As per the Transfer of Property Act, 1882- S. 55. Rights and liabilities of buyer and seller.—In the absence of a contract to the contrary, the buyer and the seller of immoveable property respectively are subject to the liabilities, and have the rights, mentioned in the rules next following, or such of them as are applicable to the property sold: (6) The buyer is entitled— (a) where the ownership of the property has passed to him, to the benefit of any improvement in, or increase in value of, the property, and to the rents and profits thereof.  

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