Examveda
Examveda

Which of the following is nearest to meaning of the phrase 'English mortgaged' as defined by the Transfer of Property Act, 1882?

A. Where on payment of certain sum by the mortgagee the property passes to him

B. Where there are two sales made, one at the start of mortgage with the condition that after the mortgage amount is paid back, the property will sold back

C. Where the mortgagee gets the possession of the property with the rights of profits, rents etc.

D. Where the mortgage is made by submitting the title deed

Answer: Option B


This Question Belongs to Law >> Transfer Of Property Act

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