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Law · Q927

Transfer Of Property Act

Graduate and Post Graduate · Law · question 927

Q927

There are some characteristics of usufructuary mortgage under Section 58 of the Transfer of Property Act: 1. There is no personal liability on the mortgagor. 2. No time limit is fixed. 3. Mortgagee takes the whole or part of the rent and profits.

A.
Only 1 and 2 are relevant
B.
Only 2 and 3 are relevant
C.
Only 1 is relevant
D.
All of the above are relevant
Answer

Answer: Option D

Solution

Answer: Option D
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