MORTGAGE DEED
Section 58 (a) of the TRANSFER OF PROPERTY ACT, 1882 Mortgage
is transfer the interest in specific immovable property for the purpose of securing the
payment of money in the form of advance loan or the performance of an engagement which
may give rise to pecuniary liability.
There are different kinds of mortgage for example:
- 1. English Mortgage,
- 2. Simple Mortgage,
- 3. Unsufructuary Mortgage,
- 4. Mortgage by title deed deposit,
- 5. Anomalous Mortgage,
- 6. and Mortgage by Conditional Sale etc.