The Transfer of

Property Act, 1882

Mortgage and kind
of Mortgages
(Section 58)
Mortgage and kind of Mortgages
(Section 58)

Submitted by
Neha sachdeva A3256119078
Ritika Wahi A3256119078
INTRODUCTION

A mortgage is the transfer of an interest in specific immovable property for the

purpose of securing the payment of money advanced or to be advanced by way of
loan, an existing or future debt, or the performance of an engagement which may
give rise to a pecuniary liability.

The transferor is called a mortgagor, the transferee a mortgagee; the principal

money and interest of which payment is secured for the time being are called the
mortgage-money, and the instrument (if any) by which the transfer is effected is
called a mortgage-deed.

OBJECTIVES

i.
Providing in depth information of mortgage products.
ii.
Helping clients to choose suitable mortgage products.
iii.
Discussing about terms and condition of loan application.
iv.
Assisting clients to fill up loan application.
v.
Collecting client's financial information and maintaining
confidentiality.
vi.
Communicating with new clients for organization

Research question
Is there transfer of only an interest of the immovable property?

Research Methadology

The present study is based on descriptive research. Secondary data has

been collected from various sources such as online publications,
magazine, Economic Survey, Books and Journals. The data were taken
for a period of ten years 2009-2019. The result has been analyzed using
the graphs and charts predicting the status of the balance of payments
of the Indian economy.