Question

Which of the following is true of a Simple Mortgage under Section 58(b) of the Transfer of Property Act? 

A The mortgagor transfers ownership but remains in possession
B The mortgagee gets absolute possession immediately
C The mortgagor binds himself to repay the mortgage money without delivering possession
D The mortgagee gets the right to sell the property without court intervention
E The mortgage is valid even if unregistered
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