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PROPERTY DEED 33 / 51

Usufructuary Mortgage

Understand the document, its simple definition and the legal reference provided in our document guide.

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DEED 33 OF 51

SIMPLE LEGAL DEFINITION

Usufructuary Mortgage

Mortgage where possession is delivered and the mortgagee is authorised to receive rents or profits.

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

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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