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Types of Mortgages in TPA Explained by Shubhanjali is a document available to read on EtoBox.
This document outlines the six main types of mortgages defined in Section 58 of the Transfer of Property Act of 1882 in India: 1) Simple mortgage, where the mortgagor remains in possession of the property but is personally liable for repayment; 2) Mortgage by conditional sale, where sale becomes absolute if payment is not made; 3) Usufructuary mortgage, where possession and profits from the property are transferred to the mortgagee; 4) English mortgage, where property is transferred absolutely subject to re
- Author
- Shubhanjali
- Language
- EN