Under the Transfer of Property Act, 1882, which one of the following may fall under 'Anomalous mortgage'?
Under s.58(g) of the Transfer of Property Act, an anomalous mortgage is one not falling within the five specifically defined types, and includes hybrid combinations such as…
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Under the Transfer of Property Act, 1882, which one of the following may fall under 'Anomalous mortgage'?
Answer and explanation
Correct answer C
Under s.58(g) of the Transfer of Property Act, an anomalous mortgage is one not falling within the five specifically defined types, and includes hybrid combinations such as a usufructuary mortgage combined with a conditional sale, as well as a usufructuary mortgage combined with a simple mortgage.
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