What is the difference between a conditional sale mortgage and other types of mortgages?

 A conditional sale mortgage distinguishes itself from other kinds of mortgages by certain conditions that must be met for the transaction to be finalised. In this kind of mortgage, the property is sold to the mortgagee, but with the proviso that the sale will only be finalised if the debt is returned after a specific date. Payment renders the transaction null and invalid, resulting in the property reverting to the mortgagor.

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