Question

What happens in a Mortgage by Conditional Sale under Section 58(c) of the Transfer of Property Act? 

A The mortgagor sells the property but reserves the right of reconveyance on repayment of debt
B The mortgagee takes possession without deed
C The mortgagee gains ownership outright
D The mortgage cannot be enforced
E The mortgage is invalid unless registered
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)