Q823
Mortgagor binds himself to repay the mortgage money on certain date and transfer mortgage property absolutely to mortgagee with a condition that upon repayment of mortgage money, the mortgage will re-transfer it to mortgagor. This type of mortgage is known as:
A.
English mortgage
AnswerB.
Mortgage by deposit of title deed
C.
Usufructuary mortgage
D.
Simple mortgage
Answer: Option A
Solution
Answer: Option A
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