Transfer of Property Act Section 96 — Mortgage by deposit of title-deeds

CHAPTER IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES — Redemption

General

Summary

A mortgage created by depositing title deeds is treated in the same way as a simple mortgage, wherever those rules are applicable. This means the general rules for simple mortgages will also govern this type of mortgage, to the extent they can be applied.

Official Text

The provisions hereinbefore contained which apply to a simple mortgage shall, so far as may be, apply to a mortgage by deposit of title-deeds.]