Multiple choice

Which of the following mortgages does not require registration with Registrar of Assurances?

  1. Equitable mortgage

  2. English mortgage

  3. Usufructuary mortgage

  4. Simple mortgage

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Most mortgages need registration. However, a mortgage created by depositing of title deeds (also known as equitable mortgage) is not compulsorily registrable.