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Law · Q78

Transfer Of Property Act

Graduate and Post Graduate · Law · question 78

Q78

In case of usufructuary mortgage, the mortgagee:

A.
Is delivered the possession of the mortgaged property but not authorised to appropriate the rents and profits accruing from the property
B.
Is authorized to appropriate the rents and profits accruing from the property, but not delivered the possession of the property
C.
Is delivered the possession and is authorized to appropriate the rents and profits accruing from the property
Answer
D.
Is not delivered the possessionof the mortgaged property but has the right to sell that property to recover the money he advanced

Answer: Option C

Solution

Answer: Option C
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