Provisions regarding "Apportionment of periodical payments determination of interest of person entitled" has been described in which section of Transfer of Property Act 1882?
DSSSB - 2023,
Answer: C
The apportionment of periodical payments on the determination of the interest of the person entitled to them is dealt with in Section 36 of the Transfer of Property Act, 1882, which says that such payments, such as rent or interest, accrue from day to day and are apportioned accordingly.
Section 42 deals with a different kind of transfer, by a person with authority to revoke a former transfer, and Sections 61 and 72 belong to the chapter on mortgages. None of them deals with the apportionment of periodical payments.
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