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Under the Transfer of Property Act, 1882, which of the following is correct? A mortgagee in possession…

Section 72 of the Transfer of Property Act allows a mortgagee to spend money that is necessary for the preservation of the mortgaged property from destruction, forfeiture or…

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Under the Transfer of Property Act, 1882, which of the following is correct? A mortgagee in possession of property has right to spend money and add such money with interest to principal money,

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Correct answer D

Section 72 of the Transfer of Property Act allows a mortgagee to spend money that is necessary for the preservation of the mortgaged property from destruction, forfeiture or sale, for supporting the mortgagor's title, and for making his own title good against the mortgagor, and to add it to the principal money, with interest as the section provides.

Each listed purpose is covered, so "All of the given options are correct" is the answer.

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