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
Related Questions on Transfer of Property Act
A. Section 13
B. Section 14
C. Section 15
D. Section 16
Case of "Raj Kumar Kundu v. Mcqueen" is related to
A. Lis pendens
B. Part performance
C. Mortgage
D. Ostensible owner
A. Transfer by ostensible owner of the property for consideration
B. Transfer by owner of the property in which a widowhas life interest for maintenance
C. Both A and B
D. Neither A nor B
Which property cannot be transferred?
A. A public office
B. A mere chance to succeed
C. A mere right of re-entry
D. All of the above
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