Which of the following describes the Doctrine of Subrogation under Section 92 of the Transfer of…
Section 92 of the Transfer of Property Act entitles any person other than the mortgagor who has an interest in or charge upon the mortgaged property to be subrogated to the…
Choose your answer
Which of the following describes the Doctrine of Subrogation under Section 92 of the Transfer of Property Act, 1882?
Answer and explanation
Correct answer A
Section 92 of the Transfer of Property Act entitles any person other than the mortgagor who has an interest in or charge upon the mortgaged property to be subrogated to the rights of the mortgagee upon redemption, that is, "Any person apart from the mortgagor who has an interest in the mortgaged property or in the equity of redemption, is entitled to be subrogated in place of mortgagee".
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