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Law · Q71

Transfer Of Property Act

Graduate and Post Graduate · Law · question 71

Q71

Which statement is not correct about mortgage?

A.
It is a transfer of interest in specific immovable property
B.
There is a transfer of ownership in mortgage
Answer
C.
Consideration is an essential element in mortgage
D.
There are six types of mortgages in Transfer of Property Act, 1882

Answer: Option B

Solution

Answer: Option B
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