Section 81 of the Transfer of Property Act, 1882 contains provisions relating to:
Section 81 provides marshalling: a subsequent mortgagee of fewer properties can ask that the prior mortgage be satisfied from the other secured properties, within the…
Choose your answer
Section 81 of the Transfer of Property Act, 1882 contains provisions relating to:
Answer and explanation
Correct answer A
Section 81 provides marshalling: a subsequent mortgagee of fewer properties can ask that the prior mortgage be satisfied from the other secured properties, within the statutory limits and without prejudicing the prior mortgagee or protected third parties.
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