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

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 12 Q. NO. 441 TO 480)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 04 Q. NO. 106 TO 140)

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

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 12 Q. NO. 441 TO 480)

THE INDUSTRIAL DISPUTES ACT, 1947 (PAPER 01 Q. NO. 1 TO 15)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 03 Q. NO. 71 TO 105)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 08 Q. NO. 246 TO 280)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2019

THE CONSTITUTION OF INDIA, 1949 (PAPER – 17 Q. NO. 561 TO 595)

THE TRADE MARKS ACT, 1999 (PAPER 01 Q. NO. 1 TO 8)

THE LAW OF ADMINISTRATION (PAPER 01 Q. NO. 1 TO 30)

THE MADHYA PRASESH LAND REVENUE CODE, 1959 (PAPER 01 Q. NO. 1 TO 30)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2001

CLAT 2014

RAJASTHAN LOWER JUDICIAL SERVICES 2019

CLAT 2021

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 13 Q. NO. 481 TO 520)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 04 Q. NO. 121 TO 160)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 11 Q. NO. 401 TO 440)

THE INDIAN FORESTS ACT, 1927 (PAPER 01 Q. NO. 1 TO 43)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 13 Q. NO. 481 TO 520)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 05 Q. NO. 161 TO 200)

THE LIMITATION ACT, 1963 (PAPER 02 Q. NO. 41 TO 80)

MAHARASHTRA LOWER JUDICIAL SERVICES 2019

KERALA LOWER JUDICIAL SERVICES 2011

THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 01 Q.NO. 1 TO 40)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 11 Q. NO. 401 TO 440)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 16 Q. NO. 601 TO 640)

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

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2014

DELHI LOWER JUDICIAL SERVICES 2018(1)

THE HINDU SUCCESSION ACT, 1956 (PAPER 02 Q. NO. 36 TO 65)

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

THE HIMACHAL PRADESH EXCISE ACT, 2011 (PAPER 01 Q. NO. 1 TO 16)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 10 Q. NO. 361 TO 400)

THE LIMITATION ACT, 1963 (PAPER 05 Q. NO. 161 TO 200)