Which of the following refers to the transfer of an interest in-00752
Which of the following refers to “the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability”?
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Lecture No.10 - Quiz No.1.
Which of the following refers to “the transfer of an interest in specific immoveable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt, or the performance of an engagement which may give rise to a pecuniary liability”?
Pledge
Hypothecation
Mortgage
Lien