Where an immoveable property of a person is made security for the payment of money to another and th...........

Transfer of Property Act Mortgage

Where an immoveable property of a person is made security for the payment of money to another and the transaction does not amount to a mortgage, it is called as:

Exchange.

Gift

Charge.

Lien

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Explanation:

Charge.

According to section 100. Charges

Where immovable property of one person is by act of parties or operation of law made security for the payment of money to another, and the transaction does not amount to a mortgage, the latter person is said to have a charge on the property and all the provisions hereinbefore contained which apply to a simple mortgage shall, so far as may be, apply to such charge.