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Possession of mortgaged property is given in which type of mortgage ?

Under Section 58(d) of the Transfer of Property Act, 1882, in a 'Usufructuary mortgage', the mortgagor delivers possession (or expressly/impliedly binds himself to deliver…

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Possession of mortgaged property is given in which type of mortgage ?

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Under Section 58(d) of the Transfer of Property Act, 1882, in a 'Usufructuary mortgage', the mortgagor delivers possession (or expressly/impliedly binds himself to deliver possession) of the mortgaged property to the mortgagee and authorises him to retain such possession and receive the rents and profits in lieu of interest or mortgage-money.

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