Which of the following mortgages is not required to be in writing?
A "Mortgage by deposit of title deeds" (equitable mortgage) under Section 58(f) of the Transfer of Property Act does not require an instrument in writing, unlike a "Simple…
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Which of the following mortgages is not required to be in writing?
Answer and explanation
Correct answer D
A "Mortgage by deposit of title deeds" (equitable mortgage) under Section 58(f) of the Transfer of Property Act does not require an instrument in writing, unlike a "Simple mortgage", an "English mortgage" or a "Mortgage by conditional sale" of the requisite value.
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