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According to the Transfer of Property Act, 1882, the right of redemption arises in the case of

A mortgagor’s redemption right under section 60 allows discharge of the security and recovery of the relevant mortgage documents, possession and title-related transfer upon…

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According to the Transfer of Property Act, 1882, the right of redemption arises in the case of

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A mortgagor’s redemption right under section 60 allows discharge of the security and recovery of the relevant mortgage documents, possession and title-related transfer upon satisfying the mortgage debt at the proper time. It continues until extinguished by act of parties or decree as the statute provides. Gifts, leases and exchanges do not create this mortgage redemption right.

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