Where the mortgagor delivers, possession of the mortgaged property to the mortgagee authorizing him to retain such possession until payment of the mortgagee money and to receive the rent and profits accruing therefrom. Such a mortgage is called:

Where the mortgagor delivers, possession of the mortgaged property to the mortgagee authorizing him to retain such possession until payment of the mortgagee money and to receive the rent and profits accruing therefrom. Such a mortgage is called: Correct Answer Usufructuary mortgage

Related Questions

Legal subrogation occur in following ways:
(1) a puisne mortgagee redeeming a prior mortgage.
(2) a co-mortgagor's surety redeeming the mortgage.
(3) mortgagor's surety redeeming.
(4) a purchaser of the equity of redemption redeeming a mortgage.
Section 58 enumerates some classes mortgages:
(1) Simple mortgage
(2) Mortgage by conditional sale
(3) Usufructuary mortgage
(4) English mortgage
(5) Equitable mortgage
(6) Anomalous mortgage