Which of the following is nearest to meaning of the phrase lsquo English mortgaged rsquo as defined ...........

Which of the following is nearest to meaning of the phrase ‘English mortgaged’ as defined by the Transfer of Property Act, 1882?

Where on payment of certain sum by the mortgagee the property passes to him

Where there are two sales made, one at the start of mortgage with the condition that after the mortgage amount is paid back, the property will sold back

Where the mortgagee gets the possession of the property with the rights of profits, rents etc.

Where the mortgage is made by submitting the title deed

Explanation:

Where there are two sales made, one at the start of mortgage with the condition that after the mortgage amount is paid back, the property will sold back