Usufructuary Mortgage: Section 58 of Transfer of Property Act 1

Usufructuary Mortgage: Section 58 of Transfer of Property Act

  Loan can be secured or unsecured. Loan which is secured by movable property is known as Pledge and loan secured which is secured by immovable property is known as Mortgage. To understand Usufructuary Mortage Let us first understand: What is Mortgage? Mortgage means [Section 58(a)] Mortgagor is the person who keeps his proper as a…
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July 10, 2018 2