Which of the following Sections of the Transfer of Property Act provides for subrogation ?
Section 92 deals with subrogation: a person, other than the mortgagor or a co-mortgagor, who redeems property comprised in a mortgage has the same rights as the mortgagee…
Choose your answer
Which of the following Sections of the Transfer of Property Act provides for subrogation ?
Answer and explanation
Correct answer B
Section 92 deals with subrogation: a person, other than the mortgagor or a co-mortgagor, who redeems property comprised in a mortgage has the same rights as the mortgagee whose mortgage he redeems.
Section 91 says who, besides the mortgagor, may sue for redemption, and section 93 prohibits tacking; section 90 was repealed long ago and has no rule on subrogation.
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