A mortgage by deposit of title deeds for which a loan of Rs 3 crores is raised
Under Section 58(f) of the Transfer of Property Act, 1882, a mortgage by deposit of title deeds is created merely by delivering the title deeds with intent to create a…
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A mortgage by deposit of title deeds for which a loan of Rs 3 crores is raised
Answer and explanation
Correct answer D
Under Section 58(f) of the Transfer of Property Act, 1882, a mortgage by deposit of title deeds is created merely by delivering the title deeds with intent to create a security in notified towns, so, whatever the loan amount, it "can be effected without an attested or registered document."
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