For the purposes of the Transfer of Property Act, 1882, who cannot acquire the right of subrogation?
Section 92 of the Transfer of Property Act, 1882 gives the right of subrogation to any person other than the mortgagor who redeems the mortgaged property, such as a person…
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For the purposes of the Transfer of Property Act, 1882, who cannot acquire the right of subrogation?
Answer and explanation
Correct answer D
Section 92 of the Transfer of Property Act, 1882 gives the right of subrogation to any person other than the mortgagor who redeems the mortgaged property, such as a person interested in it, a surety for the mortgage-debt or a creditor with a decree for sale. The mortgagor himself cannot acquire it, so the answer is "The mortgagor"; a co-mortgagor is treated separately under the section.
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