Site navigation

Which right is the subject of section 60 of the Transfer of Property Act, 1882?

Section 60 gives the mortgagor the right to redeem by paying or tendering the mortgage money after it has become due, subject to the statutory conditions. Sections 60A, 61…

Choose your answer

Which right is the subject of section 60 of the Transfer of Property Act, 1882?

Select one answer
Answer and explanation

Correct answer A

Section 60 gives the mortgagor the right to redeem by paying or tendering the mortgage money after it has become due, subject to the statutory conditions.

Sections 60A, 61 and 64 deal respectively with transfer to a third party, separate or simultaneous redemption, and renewal of a mortgaged lease.

Option feedback

Option A

Section 60 grants the mortgagor a right of redemption after the principal money becomes due.

Option B

Section 60A addresses transfer to a third party instead of retransferring to the mortgagor.

Option C

Section 61 addresses separate or simultaneous redemption of several mortgages.

Option D

Section 64 addresses the benefit of renewal of a mortgaged lease for the redeeming mortgagor.

Practice for these exams

Related question papers

Related exam syllabi

Related questions in this topic