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Module: General Practice

Q8: Which legal act governs the Mortgagor-Mortgagee relationship?

A
Indian Contract Act, 1872
B
SARFAESI Act, 2002
C
Transfer of Property Act, 1882
D
Trust Law
✅ Correct Answer: C
Transfer of Property Act, 1882.
This act specifically deals with property mortgages.
This is a recurring fact in many Banker Customer Relationship MCQs.
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