"Every sale accompanied by agreement for re-conveyance of property would not constitute' mortgage by…
The principle that a sale with an agreement for re-conveyance is not necessarily a mortgage by conditional sale flows from the proviso to Section 58(c) of the Transfer of…
Choose your answer
"Every sale accompanied by agreement for re-conveyance of property would not constitute' mortgage by conditional sale." This statement is related to which Section of Transfer of Property Act?
Answer and explanation
Correct answer C
The principle that a sale with an agreement for re-conveyance is not necessarily a mortgage by conditional sale flows from the proviso to Section 58(c) of the Transfer of Property Act, which requires the condition to be embodied in the same document, so it relates to "Section 58".
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Uttar Pradesh Judicial Services (UP PCS-J)
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision