Sections 58 (a) of the T.P. Act defines

Option A: Mortgagor, mortgagee and mortgage money

Option B: Mortgage mortgagor, mortgagee and mortgage deed

Option C: Mortgage, mortgagor, mortgagee, mortgage money and mortgage deed

Option D: Mortgage, mortgagor, mortgage money and mortgage deed

Correct Answer

Option: c

Explanation

A mortgage is the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability

Sample Mock Tests for Practice

NLU 2015

THE CONSTITUTION OF INDIA, 1949 (PAPER – 15 Q. NO. 491 TO 525)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 01 Q. NO. 1 TO 35)

THE HINDU ADOPTION AND MAINTENANCE ACT, 1956 (PAPER 01 Q. NO. 1 TO 30)

DELHI LOWER JUDICIARY 2008

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2016-1

THE HINDU ADOPTION AND MAINTENANCE ACT, 1956 (PAPER 02 Q. NO. 31 TO 39)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 04 Q. NO. 106 TO 140)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 07 Q. NO. 241 TO 280)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 17 Q. NO. 561 TO 595)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 15 Q. NO. 491 TO 525)

HARYANA LOWER JUDICIAL SERVICES 2018

THE INDIAN CONTRACT ACT, 1872 (PAPER – 06 Q. NO. 176 TO 210)

GUJRAT LOWER JUDICIAL SERVICES 2019

AILET – National Law University Delhi Entrance Test (NLU 2021)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 21 Q. NO. 801 TO 840)

THE CONSUMER PROTECTION ACT, 1986 (PAPER 01 Q. NO. 1 TO 13)

AILET – National Law University Delhi Entrance Test (NLU 2023)

THE HINDU SUCCESSION ACT, 1956 (PAPER 01 Q. NO. 1 TO 35)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 14 Q. NO. 521 TO 560)

THE LIMITATION ACT, 1963 (PAPER 04 Q. NO. 121 TO 160)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 18 Q. NO. 681 TO 720)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2019-2

AIBE-XVI-2021-II (BCI-OCT-2021-SET-A) (ALL INDIA BAR EXAM 2021-II)

AILET – National Law University Delhi Entrance Test (NLU 2018)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2019

MADHYA PRADESH LOWER JUDICIAL SERVICES 2018(2)

THE MUSLIM PERSONAL LAWS (PAPER 01 Q. NO. 1 TO 29)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 01 Q. NO. 1 TO 35)

AIBE-XIV-2019 (BCI-SEPT-2019-SET-D) (ALL INDIA BAR EXAM 2019)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2007-1

THE LAW OF TORTS (PAPER 03 Q. NO. 91 TO 135)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 14 Q. NO. 456 TO 490)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 05 Q. NO. 141 TO 175)

THE WILD LIFE PROTECTION ACT, 1972 (PAPER 02 Q. NO. 26 TO 50)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 05 Q. NO. 161 TO 200)