Question:
Mortgage by deposit of title deeds is also known as:
Mortgage by deposit of title deeds is also known as:
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In an equitable mortgage, the borrower deposits documents of title with the lender as security for the loan.
Updated On: Sep 18, 2025
- Simple Mortgage
- English Mortgage
- Equitable Mortgage
- Anomalous Mortgage
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The Correct Option is C
Solution and Explanation
Step 1: Define types of mortgages.
- Equitable Mortgage involves depositing title deeds as security for a loan without formal registration.
- Equitable Mortgage involves depositing title deeds as security for a loan without formal registration.
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