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Which pair of sections of the Transfer of Property Act, 1882 addresses accession to mortgaged property…

Section 63 deals with accessions during the mortgagee's possession and the mortgagor's entitlement on redemption, subject to the contract and the section's terms. Section 70…

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Which pair of sections of the Transfer of Property Act, 1882 addresses accession to mortgaged property on redemption from a mortgagee in possession and accession for purposes of the mortgagee's security?

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Answer and explanation

Correct answer C

Section 63 deals with accessions during the mortgagee's possession and the mortgagor's entitlement on redemption, subject to the contract and the section's terms.

Section 70 makes an accession part of the mortgagee's security in the absence of a contract to the contrary.

Option feedback

Option A

Section 63 deals with accession on redemption, while section 61 governs separate or simultaneous redemption.

Option B

Section 70 deals with accessions to the security, while section 61 governs separate or simultaneous redemption.

Option C

Section 63 governs accession on redemption and section 70 addresses accession as part of the security.

Option D

Section 62 concerns recovery of possession under a usufructuary mortgage, and section 65 deals with implied contracts by the mortgagor.

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