Multiple choice

A mortgage which is not a simple mortgage, a mortgage by conditional sale, an usufructuary mortgage, an English mortgage or a mortgage by deposit of title deeds is called

  1. a pledge

  2. an anomalous mortgage

  3. agreement of mortgage

  4. None of these

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

A mortgage which is not a simple mortgage, a mortgage by conditional sale, an usufructuary mortgage, an English mortgage or a mortgage by deposit of title-deeds within the meaning of this section is called an anomalous mortgage provided under Section 58 of the Transfer of Property Act.