No

     Mortgage

    Lien


1

Definition :  

 A mortgage is 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.


Definition :  

A right to keep possession of Property belonging to another person until a debt owed by that person is discharged.
2

Mortgage is created either by transfer or by act of the parties

A lien is created by way of an encumbrance only


3

A mortgage is an independent and principal right and not a mere security.

A lien is only a security for a debt. It is merely a right to retain possession of chattel until payment is made.


4

a mortgage is pre-supposes a contract between the parties

In lien, existence of a contract is not always necessary in case of a lien


5

The right of mortgage is vested in him conditionally and by way of security only


The right is vested in the lienee absolutely and not merely as security.

6

A mortgagor has an infallible right of redemption of mortgage  

In case of lien, there is nothing like redemption.











































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