Question

Mortgage by deposit of title deeds is also known as:

• A. Simple Mortgage
• B. English Mortgage
• C. Equitable Mortgage
• D. Anomalous Mortgage

Hint:

In an equitable mortgage, the borrower deposits documents of title with the lender as security for the loan.

Answer 1

The Correct Option is C

Step 1: Define types of mortgages.
- Equitable Mortgage involves depositing title deeds as security for a loan without formal registration.