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PROPERTY DEED 32 / 51

Mortgage by Conditional Sale

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DEED 32 OF 51

SIMPLE LEGAL DEFINITION

Mortgage by Conditional Sale

Mortgage in which the transaction is in the form of a sale subject to a repayment/default condition.

Governing Act / LawTransfer of Property Act, 1882Important Section / ReferenceSec. 58(c)

Important Information

The definition above is presented as general informational content from the Property Deeds service material. Applicable requirements may depend on the transaction, property, parties, jurisdiction and circumstances. For transaction-specific legal advice, consult an appropriately qualified professional.

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