Mortgage and types
A mortgage is security for the payment of debt. mortgage is created by act of the parties by a written document providing security for the performance of a duty or the payment of the debt.
Sec. 58 transfer of property act.
3. Definition of mortgage:
"Mortgage is transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to pecuniary...
1. Sale
Sale is transferring of property by a sellor too the buyer at a price. there is absolute transfer of all rights in the property sold. the seller must be competent to transfer the property.
2. Relevant provisions:
Sec. 55 transfer of property act.
3. Definition of sale:
"Sale is a transfer of ownership is exchange for a price paid or promised or part paid and part promised."
4. Sale how made:
Modes
In case of Tangible property
A sale of tangible immovable property such as house building can be made.
Administrative Law
Administrative law consists of complaints respecting government action that adversely affects an individual. Thus, administrative law involves determining the legality of government actions. There is a two-fold analysis: the legality of the specific law itself and the legality of particular acts purportedly authorized by the specific law.
Governments cannot perform any act by itself. Governments act through government officials who must act within certain limitations. A governments