Chhatissgarh Civil Judge Examination-CHG-PCS-J-2016 - Online Mock Test

Question 1 of 100 (Time Left: )

1 . A' in lieu of debt from 'B' handovers the possession of his house to 'B' with a covenant to transfer of property in favour of 'B', but with provision for retransfer in case of repayment of debt. This type of mortgage is known as:

  1. Equitable mortgage
  2. English mortgage
  3. Usufructuary mortgage
  4. Mortgage by conditional sale


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