Lawzonline.com   Sign-in | Register
 
Home | Discussion Forum | Communities | Professional Search | Law Dictionary | Bare Acts | Law Schools | State Bare Acts | Free Judgement Search | Law quotes
Articles  |    Humor    |    Law Digest

 

Lawzonline Search:

  Bookmark and Share

Index >> Letter S  
       
Simple mortgage : meaning
 
 

Section 58 of Transfer of property Act defines simple mortgage to be a transaction where, without delivery of possession of the mortgaged property, the mortgagor bind himself personally to pay the mortgage money and agrees expressly or impliedly that in the event of his failing to pay, according to the contract, the mortgagee shall have right to cause the mortgaged property to be sold and the proceeds of the sale to be applied so far as may be necessary in payment of mortgage money.

 

 

 

   

   
 
   

   
   
Browse Letter Wise  
 
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

 

 

Bookmark and Share

Quick Links          
           
Family Laws Insurance Laws Environmental law Tax Law FDI  
Company Law Telecommunication Law Labour Laws Central Rules RBI  
Business & Commercial Laws Consumer laws Corporate laws Criminal laws SEBI  
Intellectual Property law Media & Press laws Pharma & Medical laws Property law FEMA  
Debt Recovery Laws Amendments Professional law Banking Laws Legal Links  
           
           
 
 
   
  Partner Site  
 

 

Adbeed.com India No 1 Business Directory and Classified Portal

Mybeed.com Your Online Library

 

Privacy PolicyDisclaimer | Link partners

Copyright @2010-2020 Indu Info