For each of the scenario mentioned below, applying the provisions of Transfer of Property Act, 1882 and identify the type of mortgage with reasoning: Sita borrowed money from Mohan and transferred her land in the name of
CS Professional · Drafting, Pleadings and Appearances · PYQS · June 2026
For each of the scenario mentioned below, applying the provisions of Transfer of Property Act, 1882 and identify the type of mortgage with reasoning: Sita borrowed money from Mohan and transferred her land in the name of Mohan as a security attaching a condition that 'the transfer of Land will become absolute Sale, if Sita fails to repay the loan within two years and if she repaid on time (before two years), the property would revert back to her'.
Answer & Explanation:
Type: Mortgage by Conditional Sale Reason: Property is transferred with a condition. If the loan is not repaid → sale becomes absolute. If repaid → property reverts to Sita. This conditional nature matches Section 58(c) of TPA.
Topics: Transfer of Property Act, 1882
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