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    Question

    1.    When a person delivers to an agent of a

    creditor documents of title of an immovable property with intent to create a security, the transaction is:
    A Mortgage by deposit of title deeds Correct Answer Incorrect Answer
    B Anomalous mortgage Correct Answer Incorrect Answer
    C Not a mortgage Correct Answer Incorrect Answer
    D Mortgage by conditional sale Correct Answer Incorrect Answer

    Solution

    as per s.58(f) of the TP Act, 1882 which discusses mortgage by deposition of title deeds.

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