Correct option is D
Section 36 of the Transfer of Property Act, 1882, discusses the
doctrine of apportionment, which means the division of rights, responsibilities, or income related to property among different parties based on time or event. It ensures that both the transferor and the transferee fairly share income or liabilities from the property, particularly during a period when both have an interest in the property (e.g., before and after the sale).
Information Booster: The
doctrine of apportionment applies in cases where property is leased or rented, and income from that property needs to be divided between the transferor and transferee based on the time of transfer. This ensures fairness in financial benefits and liabilities arising from the property.
Additional Information:
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(a) Doctrine of election: Incorrect because this doctrine allows a person to choose between two inconsistent rights or claims. It is unrelated to apportionment.
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(b) Doctrine of cypress: Incorrect, as this doctrine applies in equity where a legal document is interpreted as valid even if part of it is invalid, not related to apportionment.
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(c) Doctrine of acceleration: Incorrect because this doctrine deals with the immediate vesting of future interests in property, which is unrelated to the division of income or liabilities.
