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These are some characteristics of a usufructuary mortgage under section 58...

This question belongs to Law Transfer Of Property Act
Transfer of Property Act
?

These are some characteristics of a usufructuary mortgage under section 58 of the Transfer of Property Act, 1882
(1) There is no personal liability on the mortgagor.
(2) No time limit is fixed.
(3) Mortgagee takes the whole or part of the rent and profits.

Answer & Solution
Correct Answer: Option D
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