Which section of the Transfer of Property Act, 1882 governs subrogation on redemption of a mortgage?
Question and options
Which section of the Transfer of Property Act, 1882 governs subrogation on redemption of a mortgage?
54
67
100
92
Answer and explanation
Correct answer: D - 92
Section 92 governs subrogation on mortgage redemption. The section requires full redemption of the relevant mortgage for the right to arise.
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