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Law · Q643

Transfer Of Property Act

Graduate and Post Graduate · Law · question 643

Q643

A mortgagee permitted by the deed to appropriate the usufruct for interest on the principal is by the provisions of section 77 of the Transfer of Property Act, 1882:

A.
Except from liability to account for the usufruct
Answer
B.
Not exempted from liability to account for the usufruct
C.
Exempt from interest only
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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