Examveda
Examveda

Which one of the following is not an essential element of a Mortgage as defined under Section 58(a) of Transfer of Property Act?

A. There must be transfer of interest

B. There must be promise to transfer of interest

C. The interest must be of some specific immovable property

D. The purpose of transfer must be to ensure payment of a debt

Answer: Option B


This Question Belongs to Law >> Transfer Of Property Act

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