N. S. Toor Solutions for Chapter: Loan Policy and Loan Documentation, Exercise 17: TEST YOUR SELF

In a Usufructuary mortgage the repayment of the mortgage money is:

According to Section 3 of the Transfer of Property Act, an actionable claim means:

Mumbai branch of the United Bank proposes to sanction working capital limits to a public limited company. The collateral security in the account is an equitable mortgage of the immovable property of the director of a company located in Ahmedabad. Where should the company get the charge registered for the mortgage?

In which of the following mortgages, the loan can be recovered from the income of the property instead of from the borrower?

On repayment of a home loan, the bank has shown its inability to release the mortgage. Under which of the following rights, the borrower can force the bank to release the mortgaged property?

In an English mortgage, the mortgagor transfers to the mortgagee:

A loan secured by mortgage of immovable property is repayable on demand. The period of limitation, in this case, will be:

A mortgage under which the mortgagor undertakes to repay the mortgage money on a fixed date, he also transfers the property to the mortgagee under the condition that on repayment of mortgage money the mortgagee will retransfer the property to the mortgagor, is called: