Q666
These are some characteristics of a usufructuary mortgage under section 58 of the Transfer of Property Act, 1882 (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 (3) is relevant
B.
Only (2) is relevant
C.
Only (1) is relevant
D.
All are relevant
AnswerAnswer: Option D
Solution
Answer: Option D
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